Get Approved at The Lowest Rate
Navigating the process of buying a new home in Brownfield, 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 Brownfield, TX or getting it ready for the market.
Identify the new home you want to buy in Brownfield, 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 Brownfield, 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 Brownfield, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brownfield, 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 Brownfield, 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 Brownfield, 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 Brownfield, 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 Brownfield, 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 offer quick financing solutions, bridging the gap between the purchase of a new property and the sale of an existing one. In Brownfield, Texas, these loans provide homeowners with flexibility and ease during the transition period, allowing for smoother real estate transactions. Demographics Brownfield, Texas, has a diverse population with a mix of age groups and ethnicities. The town has a strong sense of community, with friendly residents and a welcoming atmosphere. The demographics reflect a blend of rural and urban lifestyles, offering a unique living experience. Housing Market The housing market in Brownfield, Texas, is stable, with steady appreciation rates and a range of affordable housing options. Bridge loans can help buyers secure their dream homes in this competitive market, providing the necessary funds to make a quick and successful purchase. Main Attractions Brownfield, Texas, boasts various attractions, including outdoor recreational areas, historical sites, and cultural events. Residents enjoy a vibrant downtown area, parks, and community gatherings, making it an ideal place to live for those seeking a blend of small-town charm and modern conveniences.
Benefits of Bridge Loans in Brownfield, Texas
