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Navigating the process of buying a new home in Bacliff, 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 Bacliff, TX or getting it ready for the market.
Identify the new home you want to buy in Bacliff, 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 Bacliff, 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 Bacliff, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bacliff, 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 Bacliff, 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 Bacliff, 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 Bacliff, 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 Bacliff, 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 offer numerous benefits for individuals in Bacliff, Texas. These short-term loans provide financial flexibility, allowing homeowners to purchase a new property before selling their existing one. This can help avoid a gap in housing, making the transition smoother and less stressful. Demographics in Bacliff show a diverse community with a population that appreciates the coastal beauty of the area. With a mix of families, young professionals, and retirees, Bacliff offers a welcoming environment for individuals from various backgrounds. The housing market in Bacliff is competitive but promising. The demand for waterfront properties drives the market, with a range of housing options available to accommodate different preferences and budgets. Bridge loans can assist buyers in securing their desired homes in this dynamic market. Some main attractions in Bacliff include the beautiful Galveston Bay, where residents can enjoy water activities and stunning views. The Kemah Boardwalk is also a popular spot for entertainment and dining. With a close-knit community and access to outdoor amenities, Bacliff offers a unique lifestyle for its residents.
Benefits of Bridge Loans in Bacliff, Texas
