Get Approved at The Lowest Rate
Navigating the process of buying a new home in Upland, CA while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Upland, CA or getting it ready for the market.
Identify the new home you want to buy in Upland, CA, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Upland, CA often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Upland, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Upland, CA. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Upland, CA do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Upland, CA may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Upland, CA provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Upland, CA to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans in Upland, California offer a convenient and flexible financing option for homeowners who are looking to buy a new property before selling their current one. These short-term loans provide quick access to funds, allowing individuals to bridge the gap between the sale of their existing home and the purchase of a new one without the stress of timing constraints. Demographically, Upland is a vibrant city located in San Bernardino County, California. With a population of around 78,000 residents, Upland offers a suburban feel with a diverse community. The city has a mix of young professionals, families, and retirees, creating a dynamic and inclusive environment. The housing market in Upland is competitive yet diverse, offering a range of options from single-family homes to luxury estates. With a median home value of $560,000, the market has shown steady growth over the years, making it an attractive investment opportunity for property buyers and sellers alike. Upland boasts a variety of attractions, including the historic downtown area, which is lined with charming boutiques, eateries, and cultural venues. The city is also home to scenic parks, hiking trails, and annual events that showcase its rich history and community spirit, making it a desirable place to live and visit.
Benefits of Bridge Loans in Upland, California
