Get Approved at The Lowest Rate
Navigating the process of buying a new home in Elysian Fields, 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 Elysian Fields, TX or getting it ready for the market.
Identify the new home you want to buy in Elysian Fields, 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 Elysian Fields, 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 Elysian Fields, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Elysian Fields, 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 Elysian Fields, 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 Elysian Fields, 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 Elysian Fields, 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 Elysian Fields, 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 Elysian Fields, Texas offer a valuable solution for homeowners who are looking to purchase a new home before selling their existing one. These short-term loans provide the necessary funds to bridge the financial gap between buying and selling, allowing individuals to secure their dream home without the stress of contingent offers. Elysian Fields, Texas, boasts a diverse population with a strong sense of community. The area is characterized by its rich cultural heritage and welcoming atmosphere, making it an ideal place to settle down and raise a family. Residents of Elysian Fields enjoy access to top-rated schools, healthcare facilities, and recreational amenities. The housing market in Elysian Fields, Texas, is dynamic and offers a range of options for homebuyers. From charming single-family homes to spacious estates, there is a property to suit every preference and budget. With steady appreciation rates and a competitive market, Elysian Fields presents a promising investment opportunity for buyers. Some of the main attractions in Elysian Fields, Texas, include the picturesque Elysian Fields Independent School District, known for its academic excellence and supportive community. Additionally, nature lovers can explore the scenic beauty of Caddo Lake State Park, while history enthusiasts can visit the Elysian Fields Historic District to learn about the area's past.
Benefits of Bridge Loans in Elysian Fields, Texas
