Get Approved at The Lowest Rate
Navigating the process of buying a new home in Enloe, 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 Enloe, TX or getting it ready for the market.
Identify the new home you want to buy in Enloe, 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 Enloe, 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 Enloe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Enloe, 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 Enloe, 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 Enloe, 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 Enloe, 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 Enloe, 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 Enloe, Texas offer a convenient financing solution for homebuyers looking to purchase a new property before selling their existing one. This type of loan provides quick access to funds, allowing individuals to bridge the financial gap between buying a new home and selling their current one. Demographics in Enloe, Texas reflect a small, tight-knit community with a population of approximately 120 residents. The town boasts a peaceful and rural setting, making it an ideal location for those seeking a quiet lifestyle away from the hustle and bustle of city living. The housing market in Enloe, Texas is characterized by affordable property prices and a variety of housing options ranging from quaint single-family homes to spacious ranch-style properties. With the help of bridge loans, buyers can take advantage of the favorable market conditions in Enloe and secure their dream home without having to wait. Enloe, Texas is home to several main attractions that showcase the town's rich history and natural beauty. Visitors can explore the Enloe State Bank Museum, take a stroll through the charming downtown area, or enjoy outdoor activities at the nearby Cooper Lake State Park, offering residents and visitors ample opportunities for recreation and relaxation.
Benefits of Bridge Loans in Enloe, Texas
