Get Approved at The Lowest Rate
Navigating the process of buying a new home in Edroy, 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 Edroy, TX or getting it ready for the market.
Identify the new home you want to buy in Edroy, 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 Edroy, 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 Edroy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Edroy, 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 Edroy, 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 Edroy, 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 Edroy, 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 Edroy, 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 Edroy, Texas offer several advantages to homeowners. They provide interim financing for urgent needs, allowing for the purchase of a new home before the sale of the existing one. This can prevent missed opportunities and help in securing the desired property in a competitive market. Demographics of Edroy show a diverse population with a mix of age groups. The community thrives on a blend of urban and rural lifestyles, attracting both young professionals and families seeking a peaceful environment. The cost of living is moderate, making it an affordable place to reside. The housing market in Edroy is stable with steady growth in property values. The availability of bridge loans has contributed to increased market activity, providing flexibility to buyers and sellers. With a range of housing options from cozy single-family homes to spacious estates, Edroy offers something for every preference. Main attractions in Edroy include its picturesque parks, vibrant local culture, and proximity to recreational sites like beaches and hiking trails. Residents enjoy a close-knit community feel and a range of dining and entertainment options, making it a desirable place to call home.
Benefits of Bridge Loans in Edroy, Texas
