Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bynum, 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 Bynum, TX or getting it ready for the market.
Identify the new home you want to buy in Bynum, 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 Bynum, 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 Bynum, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bynum, 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 Bynum, 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 Bynum, 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 Bynum, 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 Bynum, 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!
Benefits of Bridge Loans: Bridge loans in Bynum, Texas, provide quick financing solutions for individuals looking to bridge the gap between the purchase of a new home and the sale of their existing property. They offer flexibility and speed in securing funds, enabling buyers to act swiftly in competitive real estate markets. Demographics: Bynum, Texas, has a diverse demographic mix with a population that includes families, young professionals, and retirees. The community values education, with access to quality schools and a range of cultural and recreational activities. Housing Market: The housing market in Bynum is vibrant, with a mix of historic homes and modern developments. The area offers a range of housing options, from affordable starter homes to luxury properties, making it an attractive location for buyers at various stages of life. Main Attractions: Bynum boasts a rich cultural scene, with art galleries, museums, and music venues that showcase local talent. Outdoor enthusiasts can enjoy the nearby parks, hiking trails, and recreational facilities, making it an ideal place for both relaxation and adventure.
Bridge Loans in Bynum, Texas
