Bridge Loans: Your Key to Seamless Home Transitions in Bowie, TX

Navigating the process of buying a new home in Bowie, 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.

How Our Bridge Loans Work in Bowie, TX

1

Prepare and List Your Home for Sale

Start by listing your current home for sale in Bowie, TX or getting it ready for the market.

2

Find and Purchase Your New Home

Identify the new home you want to buy in Bowie, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.

3

Benefit from No Down Payment

Our bridge loan program in Bowie, TX often does not require a down payment, freeing you from the need to come up with additional funds.

4

Sell Your Current Home

After your current home sells, we use the profits in Bowie, TX to pay down the bridge loan balance, including any accrued interest.

5

Refinance to a Permanent Mortgage

Finally, we help you refinance into a traditional permanent mortgage in Bowie, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.

Key Benefits of Our Bridge Loan Program

1. No Down Payment Required

Many of our bridge loans in Bowie, TX do not require a down payment, making it easier for you to transition to your new home.

2. Simplified Qualification

You don’t need to qualify for both mortgage payments simultaneously.

3. Deferred Payments

Bridge loan payments in Bowie, TX may be deferred, meaning no payments are due while you are using the bridge loan.

4. No Prepayment Penalties

You can pay off the bridge loan early without any penalties.

Why Choose Horizon Lending Services?

Our bridge loan in Bowie, 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 Bowie, TX to permanent mortgage financing, making the process as smooth as possible for you.

Horizon Lending Services – Your Partner in Home Financing Solutions

Ready to make your move? Contact us today to get started!

Bridge Loans in Bowie, Texas

Benefits of Bridge Loans:

Bridge loans in Bowie, Texas offer a flexible solution for homeowners looking to buy a new home before selling their current one. They provide quick access to funds, enabling smooth transitions without the need to wait for the old property to sell.

Demographics:

Bowie, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The city's population is approximately 5,219, with a median household income of $48,393. The community thrives on a strong sense of unity and support.

Housing Market:

The housing market in Bowie, Texas, offers a variety of options ranging from historic homes to modern developments. The median home value is $96,418, making it an affordable choice for many buyers. The market is stable, with steady growth in property values.

Main Attractions:

Bowie, Texas, is known for its rich history, charming downtown area, and beautiful parks. Visitors and residents alike enjoy exploring the Bowie Knife Museum, Pelham Park, and the Bowie Trade Days. The city's vibrant culture and friendly community make it a wonderful place to live and visit.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now