Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cat Spring, 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 Cat Spring, TX or getting it ready for the market.
Identify the new home you want to buy in Cat Spring, 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 Cat Spring, 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 Cat Spring, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cat Spring, 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 Cat Spring, 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 Cat Spring, 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 Cat Spring, 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 Cat Spring, 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 Cat Spring, Texas offer a quick and convenient way for homeowners to finance the purchase of a new home before selling their current one. This type of loan provides flexibility and can help avoid the stress of timing the sale of one property with the purchase of another. Demographics in Cat Spring, Texas, show a small, tight-knit community with a population of approximately 1000 residents. The area has a rural feel with a mix of families, retirees, and young professionals. The town boasts a strong sense of community and pride in its heritage. The housing market in Cat Spring, Texas, is currently experiencing steady growth, with property values on the rise. Bridge loans can be particularly beneficial in a competitive market like Cat Spring, allowing buyers to make strong offers without the contingency of selling their existing home first. Main attractions in Cat Spring, Texas, include the famous Cat Spring Agricultural Society Hall, known for hosting community events and celebrations. The area also offers beautiful parks, historic landmarks, and a range of outdoor activities such as hiking and fishing, making it an appealing place to live for nature lovers.
Benefits of Bridge Loans in Cat Spring, Texas
