Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alvin, 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 Alvin, TX or getting it ready for the market.
Identify the new home you want to buy in Alvin, 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 Alvin, 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 Alvin, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alvin, 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 Alvin, 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 Alvin, 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 Alvin, 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 Alvin, 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!
Benefits of Bridge Loans: Bridge loans provide a quick and temporary financing option for homeowners in Alvin, Texas, allowing them to bridge the gap between the purchase of a new home and the sale of their current property. This ensures a smooth transition without the stress of timing constraints. Demographics: Alvin, Texas, known for its rich history and community-oriented lifestyle, has a population of approximately 26,000 residents. The city boasts a diverse demographic profile with a mix of young families, professionals, and retirees, creating a vibrant and inclusive community. Housing Market: The housing market in Alvin is thriving, offering a range of housing options from historic homes to modern developments. With a median home value of $210,000, Alvin provides affordable housing opportunities for both buyers and investors, making it an attractive market for real estate transactions. Main Attractions: Alvin, Texas, is home to various attractions, including the Nolan Ryan Museum, Marguerite Rogers House Museum, and Resoft Park. Additionally, residents enjoy a bustling downtown area with local boutiques, restaurants, and community events, adding to the city's charm and appeal.
Exploring the Benefits of Bridge Loans in Alvin, Texas
