Get Approved at The Lowest Rate
Navigating the process of buying a new home in Estelline, 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 Estelline, TX or getting it ready for the market.
Identify the new home you want to buy in Estelline, 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 Estelline, 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 Estelline, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Estelline, 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 Estelline, 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 Estelline, 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 Estelline, 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 Estelline, 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!
Benefits: Bridge loans offer a flexible financing solution for homeowners looking to purchase a new home before selling their current one. This type of loan provides immediate funds for a down payment, allowing individuals to secure a new property quickly without having to wait for the sale of their existing home. Demographics: Estelline, Texas, is a small town with a population of approximately 1500 residents. The community is known for its close-knit atmosphere and friendly locals. The town has a mix of families, retirees, and young professionals, creating a diverse and welcoming environment. Housing Market: The housing market in Estelline offers a range of options, from historic homes with charm to modern properties with spacious layouts. The median home price in the area is affordable, making it an attractive location for first-time buyers and those looking to invest in real estate. Main Attractions: Estelline boasts several main attractions, including the Estelline Depot Museum, which showcases the town's rich history, and the picturesque Lake Mackenzie, perfect for outdoor activities such as fishing and hiking. Additionally, residents can enjoy nearby restaurants, shops, and community events that contribute to the town's vibrant culture.
Benefits of Bridge Loans in Estelline, Texas
