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Navigating the process of buying a new home in Valencia, 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 Valencia, CA or getting it ready for the market.
Identify the new home you want to buy in Valencia, 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 Valencia, 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 Valencia, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Valencia, 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 Valencia, 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 Valencia, 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 Valencia, 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 Valencia, 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 Valencia, California offer a convenient financial solution for individuals looking to purchase a new home before selling their existing one. These loans bridge the gap between the sale of the current property and the purchase of a new one, providing borrowers with the flexibility and funds they need for a smooth transition. Valencia, California, a vibrant community located in Los Angeles County, boasts a diverse population of approximately 60,000 residents. The city's demographics showcase a blend of cultures, including Hispanic, White, Asian, and African American communities, creating a rich tapestry of traditions and experiences. The housing market in Valencia, California, is characterized by a mix of contemporary apartments, stylish townhouses, and spacious single-family homes. With a median home value of $650,000, the market offers a range of options for individuals seeking to invest in properties or settle in this picturesque city. Valencia, California, is home to several main attractions that cater to residents and visitors alike. From the iconic Six Flags Magic Mountain theme park to the picturesque Valencia Paseo System, which offers scenic trails and lush green spaces, the city provides a perfect blend of entertainment and relaxation for all.
Benefits of Bridge Loans in Valencia, California
