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Navigating the process of buying a new home in Bivins, 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 Bivins, TX or getting it ready for the market.
Identify the new home you want to buy in Bivins, 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 Bivins, 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 Bivins, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bivins, 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 Bivins, 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 Bivins, 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 Bivins, 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 Bivins, 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 Bivins, Texas offer a convenient financing option for homebuyers, providing the flexibility to purchase a new home before selling their current one. This helps to avoid the stress of timing mismatches and allows for smoother transitions between properties. Located in the state of Texas, Bivins boasts a diverse population with a mix of families, young professionals, and retirees. The area enjoys a warm climate and a strong sense of community, making it an attractive place to live for people of all ages. The housing market in Bivins is vibrant, with a range of property options available to suit different budgets and preferences. Whether you are looking for a cozy single-family home or a spacious estate, you can find a property that meets your needs in this thriving real estate market. Bivins offers a variety of attractions for residents and visitors alike. From scenic parks and outdoor recreational areas to local shops and restaurants, there is no shortage of things to see and do in this charming town. The strong sense of community and welcoming atmosphere make Bivins a wonderful place to call home.
Benefits of Bridge Loans in Bivins, Texas