Get Approved at The Lowest Rate
Navigating the process of buying a new home in Daisetta, 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 Daisetta, TX or getting it ready for the market.
Identify the new home you want to buy in Daisetta, 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 Daisetta, 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 Daisetta, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Daisetta, 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 Daisetta, 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 Daisetta, 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 Daisetta, 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 Daisetta, 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 Daisetta, Texas offer numerous benefits for homebuyers and investors. These loans provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. They offer quick access to funds, flexibility in repayment terms, and can be advantageous in competitive real estate markets. Daisetta, Texas, is a small town with a population of around 1,000 residents. The community is close-knit, with a mix of families and retirees. The town has a suburban feel and offers a peaceful atmosphere for residents looking to escape the hustle and bustle of city life. The housing market in Daisetta is stable, with a median home price that is affordable compared to the nearby city of Houston. Bridge loans can help buyers take advantage of this market by providing the necessary funds to secure a property quickly. With the town's charming neighborhoods and proximity to nature, Daisetta offers a desirable location for those looking to invest in real estate. Some of the main attractions in Daisetta include the local parks and recreational areas, such as Daisetta City Park and Hardin County Conservation District. Outdoor enthusiasts can enjoy activities like hiking, fishing, and birdwatching in the town's natural surroundings, making it an ideal location for those seeking a peaceful lifestyle.
Bridge Loans in Daisetta, Texas