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Navigating the process of buying a new home in Walnut, 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 Walnut, CA or getting it ready for the market.
Identify the new home you want to buy in Walnut, 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 Walnut, 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 Walnut, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Walnut, 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 Walnut, 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 Walnut, 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 Walnut, 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 Walnut, 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 Walnut, California offer a valuable financing option for homeowners looking to purchase a new home before selling their current one. These short-term loans bridge the gap between the sale of the existing property and the purchase of a new one, providing financial flexibility and ensuring a smooth transition. Walnut, California, is a vibrant city located in the eastern part of Los Angeles County. With a diverse population of around 30,000 residents, the city offers a mix of suburban charm and urban convenience. The demographics of Walnut are characterized by a well-educated population with a strong sense of community. The housing market in Walnut, California, is robust and competitive, making bridge loans an attractive option for homebuyers. The city's real estate market features a mix of single-family homes, townhouses, and condos, catering to a range of preferences and budgets. Property values in Walnut have shown steady appreciation over the years, making it a favorable location for investment. Walnut boasts a range of attractions, including the picturesque Walnut Creek Regional Park, which offers hiking trails and picnic areas for outdoor enthusiasts. The city is also home to top-rated schools, shopping centers, and dining establishments, providing residents with a high quality of life. With its close proximity to major freeways and employment centers, Walnut is a desirable place to live and work.
Benefits of Bridge Loans in Walnut, California
