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Navigating the process of buying a new home in Crosby, 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 Crosby, TX or getting it ready for the market.
Identify the new home you want to buy in Crosby, 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 Crosby, 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 Crosby, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crosby, 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 Crosby, 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 Crosby, 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 Crosby, 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 Crosby, 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!
A bridge loan in Crosby, Texas can provide crucial financing for homeowners looking to purchase a new property before selling their existing one. This allows for a smoother transition without the need for immediate equity. Demographics in Crosby, Texas showcase a vibrant community with a mix of families and retirees. The town has a strong sense of community and offers a variety of amenities such as parks, schools, and shopping centers. The housing market in Crosby, Texas is growing steadily, with a range of housing options available to suit different budgets and preferences. The area has witnessed an increase in property values, making it an attractive investment opportunity for buyers and sellers alike. Crosby, Texas boasts several main attractions, including the San Jacinto Monument and Museum, Battleship Texas State Historic Site, and nearby recreational areas like Lake Houston. These attractions provide residents and visitors with opportunities for both education and leisure.
Benefits of Bridge Loans in Crosby, Texas
