Get Approved at The Lowest Rate
Navigating the process of buying a new home in Eastland, 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 Eastland, TX or getting it ready for the market.
Identify the new home you want to buy in Eastland, 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 Eastland, 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 Eastland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Eastland, 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 Eastland, 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 Eastland, 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 Eastland, 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 Eastland, 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 Eastland, Texas offer numerous benefits for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one. They provide immediate funds for down payments, allowing buyers to secure their dream home without waiting for their current property to sell. Eastland, Texas, is a vibrant community with a rich history and diverse population. The town boasts a strong economy supported by industries such as healthcare, education, and retail. The median household income is above the national average, making it an attractive location for families and professionals alike. The housing market in Eastland is dynamic, offering a mix of historic homes and modern properties. The market is competitive, with steady appreciation in home values. Bridge loans can give buyers a competitive edge by providing quick access to financing, enabling them to act fast in a competitive market. Eastland, Texas, is home to several main attractions that draw visitors and residents alike. The town's historic downtown area features charming shops and restaurants, while nearby lakes and parks offer outdoor recreational opportunities. The community also hosts events and festivals that showcase its unique culture and heritage.
Benefits of Bridge Loans in Eastland, Texas
