Get Approved at The Lowest Rate
Navigating the process of buying a new home in Elmendorf, 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 Elmendorf, TX or getting it ready for the market.
Identify the new home you want to buy in Elmendorf, 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 Elmendorf, 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 Elmendorf, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Elmendorf, 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 Elmendorf, 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 Elmendorf, 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 Elmendorf, 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 Elmendorf, 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 Elmendorf, Texas offer a convenient way for residents to finance a new home purchase before selling their current property. These loans provide flexibility and quick access to funds, allowing homeowners to secure their dream home without delays. Elmendorf, Texas, has a diverse population with a mix of young families and retirees. The town has a close-knit community vibe, making it an ideal place for those seeking a peaceful and friendly neighborhood to call home. The housing market in Elmendorf, Texas, is experiencing steady growth, with a variety of property options available to suit different preferences and budgets. The town offers affordable housing options, making it an attractive choice for first-time homebuyers and young families looking to settle down. Main attractions in Elmendorf, Texas, include scenic parks, local eateries serving delicious Texan cuisine, and historical sites that showcase the town's rich heritage. Residents can enjoy outdoor activities like hiking and biking in the picturesque surroundings of Elmendorf.
Bridge Loans in Elmendorf, Texas
