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Navigating the process of buying a new home in Evadale, 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 Evadale, TX or getting it ready for the market.
Identify the new home you want to buy in Evadale, 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 Evadale, 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 Evadale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Evadale, 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 Evadale, 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 Evadale, 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 Evadale, 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 Evadale, 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!
A bridge loan in Evadale, Texas, can provide homeowners with the flexibility to purchase a new home before selling their current one. This can be particularly helpful in a competitive real estate market where timing is crucial. Demographics in Evadale, Texas, show a population of around 1,500 residents with a mix of families and retirees. The town boasts a strong sense of community, with a focus on outdoor activities and a relaxed lifestyle. The housing market in Evadale offers a range of properties, from charming single-family homes to spacious ranch-style houses. With affordable prices compared to neighboring cities, Evadale is an attractive option for those looking to settle down in a peaceful setting. Main Attractions in Evadale, Texas
Benefits of Bridge Loans in Evadale, Texas
