Get Approved at The Lowest Rate
Navigating the process of buying a new home in Westwood, 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 Westwood, CA or getting it ready for the market.
Identify the new home you want to buy in Westwood, 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 Westwood, 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 Westwood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Westwood, 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 Westwood, 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 Westwood, 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 Westwood, 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 Westwood, 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 Westwood, California offer individuals the flexibility and speed needed to secure a new home before selling their current one. These short-term loans bridge the gap between the sale of a current property and the purchase of a new one, providing financial support during the transition period. Located in Los Angeles, Westwood is a vibrant neighborhood known for its diverse population and strong sense of community. With a mix of students, young professionals, and families, Westwood boasts a lively atmosphere and a range of amenities to cater to residents of all ages. The housing market in Westwood, California, is dynamic and competitive, with a mix of single-family homes, townhouses, and condominiums available. Home prices in Westwood have maintained a steady appreciation rate over the years, making it an attractive location for both buyers and sellers looking to invest in real estate. Westwood is also home to several main attractions, including the iconic UCLA campus, the Hammer Museum, and the trendy Westwood Village. With a plethora of dining, shopping, and entertainment options, residents and visitors alike can enjoy a rich cultural experience in this bustling neighborhood.
Benefits of Bridge Loans in Westwood, California
