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Navigating the process of buying a new home in Villa Park, 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 Villa Park, CA or getting it ready for the market.
Identify the new home you want to buy in Villa Park, 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 Villa Park, 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 Villa Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Villa Park, 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 Villa Park, 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 Villa Park, 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 Villa Park, 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 Villa Park, 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 Villa Park, California offer a convenient and quick financing solution for individuals looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide flexibility and allow homeowners to seize opportunities without being tied down by the traditional selling and buying timeline. Demographics: Villa Park, California, is a picturesque city known for its affluent residents and spacious estates. With a population of around 6,500 people, the city boasts a high median household income and a predominantly white-collar workforce engaged in professional and managerial occupations. Housing Market: The housing market in Villa Park is characterized by upscale properties, including large single-family homes and estates. The market is competitive, with properties often selling above asking price. Bridge loans can provide a competitive edge to buyers in securing their dream homes in this sought-after location. Main Attractions: Villa Park offers a serene and tranquil environment, with attractions such as the Villa Park Dam, which provides scenic views and recreational activities for residents. The city is known for its lush greenery, parks, and proximity to cultural and recreational hubs in Orange County, making it an ideal place to live for those seeking a blend of luxury and nature.
Benefits of Bridge Loans in Villa Park, California
