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Navigating the process of buying a new home in Brookshire, 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 Brookshire, TX or getting it ready for the market.
Identify the new home you want to buy in Brookshire, 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 Brookshire, 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 Brookshire, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brookshire, 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 Brookshire, 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 Brookshire, 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 Brookshire, 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 Brookshire, 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 Brookshire, Texas offer a convenient financing option for homeowners looking to purchase a new property before selling their current one. These loans provide quick access to funds, allowing individuals to secure their dream home without the stress of waiting for their existing property to sell. Demographically, Brookshire, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The city enjoys a suburban feel with good schools and a tight-knit community. Its proximity to major cities like Houston adds to its appeal. In terms of the housing market, Brookshire, Texas, has shown steady growth in recent years. The market is competitive yet offers a range of options from cozy single-family homes to spacious estates. Bridge loans can help buyers navigate this dynamic market and seize opportunities quickly. Main attractions in Brookshire include the stunning Stephen F. Austin State Park, perfect for outdoor enthusiasts, and the charming downtown area with its unique shops and eateries. The local rodeo and annual festivals also add to the city's vibrant cultural scene.
Benefits of Bridge Loans in Brookshire, Texas