Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ector, 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 Ector, TX or getting it ready for the market.
Identify the new home you want to buy in Ector, 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 Ector, 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 Ector, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ector, 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 Ector, 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 Ector, 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 Ector, 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 Ector, 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 Ector, Texas offer a temporary financing option that helps bridge the gap between buying a new property and selling an existing one. They provide quick funds to make a competitive offer on a new home without having to wait for the sale of your current property. Ector, Texas, located in the heart of the state, boasts a diverse population with a mix of urban and rural influences. The county has seen steady growth in recent years, making it an attractive location for both families and professionals looking for a peaceful yet thriving community to call home. The housing market in Ector, Texas, is stable and offers a range of options, from single-family homes to apartment complexes. With a median home price below the national average, Ector presents an affordable housing market with opportunities for both buyers and investors looking to capitalize on the area's growth. Some of the main attractions in Ector include the vibrant local arts scene, outdoor recreational activities like hiking and fishing, and proximity to major cities for a blend of small-town charm and urban convenience. Residents can enjoy a variety of dining options, shopping centers, and cultural events throughout the year.
Bridge Loans in Ector, Texas
