Get Approved at The Lowest Rate
Navigating the process of buying a new home in Celeste, 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 Celeste, TX or getting it ready for the market.
Identify the new home you want to buy in Celeste, 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 Celeste, 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 Celeste, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Celeste, 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 Celeste, 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 Celeste, 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 Celeste, 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 Celeste, 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 Celeste, Texas offer a valuable solution for homeowners who need quick access to funds. These short-term loans provide financial support during the transition between the purchase of a new home and the sale of a current property. They help bridge the gap in financing, allowing homeowners to secure their new home without the stress of waiting for their old property to sell. Celeste, Texas, with a population of approximately 900 residents, is a small but charming town known for its peaceful atmosphere and friendly community. The town's demographics consist mainly of families and retirees, creating a tight-knit and supportive environment for residents. In terms of the housing market, Celeste offers a mix of historic homes, new developments, and spacious properties. The market is stable, with a median home value that is affordable compared to nearby urban areas. Bridge loans provide homeowners with the flexibility to explore different housing options within Celeste and take advantage of favorable market conditions. Main attractions in Celeste include the picturesque City Park, ideal for picnics and outdoor activities, and the historic downtown area with unique shops and local eateries. The town hosts various community events throughout the year, fostering a sense of belonging among residents and visitors.
Bridge Loans Benefits in Celeste, Texas
