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Navigating the process of buying a new home in Energy, 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 Energy, TX or getting it ready for the market.
Identify the new home you want to buy in Energy, 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 Energy, 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 Energy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Energy, 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 Energy, 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 Energy, 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 Energy, 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 Energy, 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 Energy, Texas offer several advantages to individuals and businesses. These short-term loans provide quick access to funds, bridging the gap between the purchase of a new property and the sale of an existing one. This flexibility allows borrowers to secure their dream property without the stress of simultaneous transactions. Demographically, Energy, Texas is a vibrant community with a diverse population. The area attracts young professionals seeking employment opportunities in the thriving energy sector. The cost of living is reasonable, making it an attractive location for families looking to settle down in a safe and welcoming environment. The housing market in Energy, Texas is robust, with a range of options available to suit different preferences and budgets. Bridge loans facilitate seamless transitions for buyers, enabling them to capitalize on investment opportunities and secure properties in a competitive market. The stability and growth potential of the local real estate market make Energy an attractive destination for homebuyers. Energy, Texas boasts a variety of main attractions, including beautiful parks, cultural landmarks, and recreational facilities. Residents and visitors can enjoy a mix of outdoor activities and urban amenities, making it a desirable place to live and explore. From scenic trails to local eateries, Energy offers a vibrant and enriching lifestyle for its community.
Benefits of Bridge Loans in Energy, Texas
