Get Approved at The Lowest Rate
Navigating the process of buying a new home in West Hollywood, 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 West Hollywood, CA or getting it ready for the market.
Identify the new home you want to buy in West Hollywood, 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 West Hollywood, 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 West Hollywood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in West Hollywood, 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 West Hollywood, 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 West Hollywood, 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 West Hollywood, 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 West Hollywood, 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 West Hollywood can offer individuals and businesses the flexibility to secure funding quickly for real estate transactions. These short-term loans bridge the gap between the purchase of a new property and the sale of an existing one, providing financial relief in times of need. West Hollywood boasts a diverse demographic, with a vibrant LGBTQ+ community, young professionals, and creatives. The city's population enjoys a bustling nightlife, trendy eateries, and a thriving arts and culture scene that contributes to its dynamic and inclusive atmosphere. The housing market in West Hollywood is competitive, with a mix of historic homes and modern developments. Bridge loans can help buyers secure properties in this sought-after location, allowing them to capitalize on investment opportunities and navigate the market with confidence. Some main attractions in West Hollywood include the iconic Sunset Strip, known for its world-class entertainment venues, designer boutiques, and celebrity sightings. The city also offers beautiful parks, trendy shopping districts, and a lively social scene that caters to residents and visitors alike.
Benefits of Bridge Loans in West Hollywood, California
