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Navigating the process of buying a new home in Woodland Hills, 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 Woodland Hills, CA or getting it ready for the market.
Identify the new home you want to buy in Woodland Hills, 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 Woodland Hills, 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 Woodland Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woodland Hills, 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 Woodland Hills, 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 Woodland Hills, 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 Woodland Hills, 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 Woodland Hills, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing for homeowners looking to purchase a new property before selling their existing one. They provide a temporary source of funds, allowing for a smoother transition without having to wait for the sale of the current home. Demographics: Woodland Hills, California, is a vibrant neighborhood in the San Fernando Valley. With a diverse population, it attracts young professionals, families, and retirees alike. The area boasts a mix of cultures and backgrounds, creating a rich tapestry of community life. Housing Market: The housing market in Woodland Hills is dynamic, with a range of properties to suit different needs. From spacious single-family homes to modern condos, there is something for everyone. The market is competitive, but bridge loans can provide an edge for buyers looking to secure their dream home. Main Attractions: Woodland Hills offers a variety of attractions, including the scenic Topanga State Park, a haven for outdoor enthusiasts. The Westfield Topanga Mall provides shopping and dining options, while Warner Center Park offers green spaces for relaxation. With easy access to major highways and close proximity to Los Angeles, Woodland Hills is a desirable location for residents.
Bridge Loans in Woodland Hills, California