Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bremond, 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 Bremond, TX or getting it ready for the market.
Identify the new home you want to buy in Bremond, 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 Bremond, 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 Bremond, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bremond, 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 Bremond, 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 Bremond, 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 Bremond, 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 Bremond, 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 Bremond, Texas offer numerous benefits to homebuyers. These short-term loans provide the flexibility to secure a new home before selling the current one, preventing the need to rush the sale or settle for a lower price. They also allow buyers to make competitive offers in a hot market, increasing the chances of securing their dream home. Demographics: Bremond, Texas, is a charming town with a population of approximately 900 residents. The community is known for its tight-knit feel and friendly atmosphere, making it an ideal place for families and retirees alike. Residents in Bremond tend to enjoy a higher quality of life compared to larger cities, with lower crime rates and strong community involvement. Housing Market: The housing market in Bremond offers diverse options for homebuyers, from historic properties to modern single-family homes. With a median home price below the national average, Bremond presents an affordable housing market with opportunities for both investors and first-time buyers. Bridge loans can help buyers take advantage of this market by providing the necessary funds to secure a property without delay. Main Attractions: Bremond is home to various attractions, including scenic parks, historical sites, and cultural events. Visitors and residents can explore the beautiful Bremond Downtown Historic District, picnic in the local parks, and attend community festivals throughout the year. The town's rich history and welcoming vibe make it a desirable place to live and visit.
Benefits of Bridge Loans in Bremond, Texas
