Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alvord, 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 Alvord, TX or getting it ready for the market.
Identify the new home you want to buy in Alvord, 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 Alvord, 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 Alvord, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alvord, 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 Alvord, 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 Alvord, 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 Alvord, 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 Alvord, 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 immediate financing for homeowners looking to purchase a new home before selling their current property. This can help avoid a contingent offer, giving an edge in competitive markets like Alvord, Texas. Demographics: Alvord, Texas has a population of approximately 1,300 residents. The town boasts a diverse community with a mix of families, young professionals, and retirees, creating a welcoming and tight-knit environment. Housing Market: The housing market in Alvord is competitive, with a median home value of $200,000. Bridge loans can help buyers secure their dream home quickly and navigate bidding wars effectively. Main Attractions: Alvord offers a charming small-town experience with attractions like the Alvord Historical Museum, local parks for outdoor activities, and annual events that bring the community together.
Bridge Loans in Alvord, Texas
