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Navigating the process of buying a new home in Alief, TX 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 Alief, TX or getting it ready for the market.
Identify the new home you want to buy in Alief, TX, 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 Alief, TX 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 Alief, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alief, TX. 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 Alief, TX 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 Alief, TX 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 Alief, TX 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 Alief, TX 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 Alief, Texas offer expedited financing solutions for individuals looking to purchase a new home before selling their existing one. These loans provide flexibility and the ability to bridge the gap between selling one property and acquiring another, avoiding the need for a contingent offer. Alief, Texas, boasts a diverse demographic mix with a significant Asian and Hispanic population, creating a rich cultural tapestry. The area is known for its excellent dining options, shopping centers, and a strong sense of community. The median household income in Alief is competitive, making it an attractive location for homeowners. The housing market in Alief, Texas, is dynamic, offering a range of properties from single-family homes to townhouses and apartments. The market is competitive but offers opportunities for both buyers and sellers. With the help of bridge loans, individuals can capitalize on the market conditions and secure their dream home without delays. Some main attractions in Alief include the Alief Community Park, where residents can enjoy outdoor activities, and access to nearby attractions like the Westchase District and Chinatown. With its convenient location and vibrant community, Alief, Texas, offers a desirable living environment for individuals and families.
Benefits of Bridge Loans in Alief, Texas