Get Approved at The Lowest Rate
Navigating the process of buying a new home in Etoile, 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 Etoile, TX or getting it ready for the market.
Identify the new home you want to buy in Etoile, 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 Etoile, 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 Etoile, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Etoile, 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 Etoile, 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 Etoile, 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 Etoile, 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 Etoile, 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 provide individuals in Etoile, Texas, with the flexibility to acquire a new home without the immediate pressure of selling their current one. This short-term financing option bridges the gap between the purchase of a new property and the sale of a current one, offering convenience and financial relief to homeowners. Demographically, Etoile boasts a close-knit community with a population that values a peaceful small-town environment. With a median income above the national average, residents enjoy a comfortable lifestyle amidst the scenic beauty of Texas. The town's population consists mainly of families and retirees seeking a serene setting to call home. The housing market in Etoile, Texas, presents a stable and affordable option for potential buyers. With a mix of traditional homes and newer constructions, there is a diverse range of properties available to suit various preferences and budgets. Bridge loans can facilitate the smooth transition into the Etoile housing market, enabling buyers to secure their dream home without the stress of immediate full payment. Some main attractions in Etoile include the beautiful Lake Sam Rayburn, renowned for fishing and outdoor activities, which draws visitors and locals alike. The nearby Sabine National Forest offers ample opportunities for hiking and nature exploration, adding to the charm and appeal of living in Etoile.
The Benefits of Bridge Loans in Etoile, Texas
