Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ventura, 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 Ventura, CA or getting it ready for the market.
Identify the new home you want to buy in Ventura, 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 Ventura, 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 Ventura, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ventura, 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 Ventura, 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 Ventura, 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 Ventura, 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 Ventura, 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 offer immediate financing for individuals looking to purchase a new home before selling their existing one. In Ventura, California, this type of financing can be particularly advantageous due to the competitive real estate market. It allows buyers to secure a new property quickly, giving them an edge over other potential buyers. Demographics: Ventura has a diverse population with a mix of families, young professionals, and retirees. The city offers a high quality of life with excellent schools, parks, and a strong sense of community. Its proximity to Los Angeles makes it an attractive location for those looking for a balance between urban amenities and a more relaxed coastal lifestyle. Housing Market: Ventura's housing market is dynamic, with a mix of historic homes and modern developments. The median home price is competitive compared to neighboring areas, making it an appealing choice for first-time buyers and investors. Bridge loans can help individuals take advantage of market opportunities and secure their dream home in this sought-after area. Main Attractions: Ventura is known for its beautiful beaches, vibrant downtown area, and outdoor recreational opportunities. Residents and visitors can enjoy surfing at Surfer's Point, exploring Channel Islands National Park, or strolling along Ventura Pier. The city also hosts various cultural events, farmer's markets, and a thriving dining scene.
Benefits of Bridge Loans in Ventura, California
