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Navigating the process of buying a new home in Warner Springs, 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 Warner Springs, CA or getting it ready for the market.
Identify the new home you want to buy in Warner Springs, 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 Warner Springs, 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 Warner Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Warner Springs, 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 Warner Springs, 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 Warner Springs, 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 Warner Springs, 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 Warner Springs, 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 Warner Springs, California offer individuals a flexible financing option that bridges the gap between the purchase of a new property and the sale of an existing one. This can be particularly advantageous in a competitive real estate market, allowing buyers to act quickly and secure their dream home. Demographics: Warner Springs is a picturesque community located in northeastern San Diego County with a population that primarily consists of families and retirees. The area boasts a mix of rural charm and modern amenities, making it an attractive location for individuals seeking a relaxed lifestyle. Housing Market: The housing market in Warner Springs features a range of properties, from cozy ranch-style homes to expansive estates. With the help of bridge loans, buyers can seize opportunities in this dynamic market without being constrained by the timing of their property sales. Main Attractions: Warner Springs offers residents and visitors access to the stunning beauty of nature, with attractions such as the Warner Springs Ranch Resort and the nearby Cleveland National Forest providing ample opportunities for outdoor activities like hiking, camping, and golfing.
Exploring the Benefits of Bridge Loans in Warner Springs, California
