Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bridge City, 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 Bridge City, TX or getting it ready for the market.
Identify the new home you want to buy in Bridge City, 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 Bridge City, 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 Bridge City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, Texas offer numerous benefits to homeowners. One of the primary advantages is the ability to quickly secure financing to purchase a new home before selling an existing one. This can help avoid the stress of timing the sale of one property with the purchase of another. Demographically, Bridge City is a vibrant community with a population of around 8,000 residents. It is known for its family-friendly environment and strong sense of community. The median age in Bridge City is 39 years old, and the median household income is above the state average. In terms of the housing market, Bridge City offers a range of options for homebuyers, from cozy single-family homes to spacious waterfront properties. With a median home value slightly above the national average, the real estate market in Bridge City is stable and offers good investment opportunities. Some of the main attractions in Bridge City include the Sunset Park along the Sabine River, perfect for outdoor activities and picnics. The Bridge City Historical Museum showcases the town's rich heritage, and the nearby Shangri La Botanical Gardens provide a peaceful retreat for nature lovers.
Benefits of Bridge Loans in Bridge City, Texas
