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Navigating the process of buying a new home in Era, 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 Era, TX or getting it ready for the market.
Identify the new home you want to buy in Era, 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 Era, 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 Era, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Era, 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 Era, 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 Era, 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 Era, 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 Era, 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 offer a convenient financing option for those looking to purchase a new home before selling their current one. In Era, Texas, this financial tool can help homeowners bridge the gap between buying their new property and selling their existing one, without having to wait for the sale to finalize. Era, Texas, is a charming rural town with a close-knit community. The population is approximately 800 residents, offering a peaceful and serene environment for families and individuals looking to escape the hustle and bustle of city life. The housing market in Era, Texas, is diverse, offering a mix of historic homes and modern properties. The median home price is affordable compared to neighboring cities, making it an attractive option for first-time homebuyers and those looking to invest in real estate. Main attractions in Era include the beautiful Era Community Park, perfect for outdoor activities and family picnics. The town also boasts the Era Independent School District, known for its excellent education system and dedicated staff.
The Benefits of Bridge Loans in Era, Texas
