Get Approved at The Lowest Rate
Navigating the process of buying a new home in Valley Village, 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 Valley Village, CA or getting it ready for the market.
Identify the new home you want to buy in Valley Village, 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 Valley Village, 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 Valley Village, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Valley Village, 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 Valley Village, 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 Valley Village, 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 Valley Village, 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 Valley Village, 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 Valley Village, California offer quick financing solutions for individuals looking to purchase a new home before selling their existing one. These loans provide the flexibility to close on a new property without having to wait for the sale of their current home, giving buyers a competitive edge in a hot real estate market. Valley Village, California, a neighborhood in the San Fernando Valley region, boasts a diverse population with a mix of young professionals, families, and retirees. The area is known for its pleasant suburban feel, excellent schools, and proximity to major freeways, making it an attractive location for homebuyers. The housing market in Valley Village, California, is dynamic and competitive. With a median home value above the national average, the area offers a mix of single-family homes, townhouses, and condos. The market is characterized by high demand and low inventory, making bridge loans a valuable tool for buyers looking to secure their dream home. Some of the main attractions in Valley Village include the charming local cafes, boutique shops, and parks that offer recreational activities for residents. The neighborhood's proximity to popular destinations like Universal Studios Hollywood and Griffith Park make it a desirable place to live for those seeking a balanced lifestyle.
Benefits of Bridge Loans in Valley Village, California
