Get Approved at The Lowest Rate
Navigating the process of buying a new home in Diboll, 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 Diboll, TX or getting it ready for the market.
Identify the new home you want to buy in Diboll, 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 Diboll, 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 Diboll, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Diboll, 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 Diboll, 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 Diboll, 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 Diboll, 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 Diboll, 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 Diboll, Texas offer numerous benefits to homeowners. These short-term loans provide the necessary funds to bridge the gap between the purchase of a new home and the sale of the current one. They allow homeowners to secure their dream home without being contingent on selling their existing property first. Diboll, Texas, is a vibrant community with a population of approximately 5,200 residents. The median age in Diboll is 32 years old, making it a relatively young and dynamic town. The majority of residents are homeowners, creating a stable and prosperous real estate market. The housing market in Diboll, Texas, is robust and offers a variety of options for buyers. With a median home value of around $120,000, Diboll provides affordable housing opportunities for first-time buyers as well as those looking to upgrade. The market is competitive, with properties often receiving multiple offers within a short period. Some of the main attractions in Diboll include the historic Temple Theater, which hosts various performances and events throughout the year. The nearby Ellen Trout Zoo is another popular destination for families, showcasing a diverse range of animal species. Outdoor enthusiasts can enjoy the beautiful Azalea Trail, perfect for hiking and exploring nature.
Benefits of Bridge Loans in Diboll, Texas
