Get Approved at The Lowest Rate
Navigating the process of buying a new home in Flomot, 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 Flomot, TX or getting it ready for the market.
Identify the new home you want to buy in Flomot, 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 Flomot, 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 Flomot, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Flomot, 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 Flomot, 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 Flomot, 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 Flomot, 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 Flomot, 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 Flomot, Texas provide a flexible financing option for homeowners looking to purchase a new home before selling their current one. This type of loan offers quick access to funds, helping individuals secure their dream home without having to wait for their existing property to sell. Demographics in Flomot, Texas show a diverse community with a mix of age groups and occupations. The town offers a peaceful rural lifestyle with easy access to nearby cities for work and entertainment. The housing market in Flomot, Texas is stable with a range of properties available for purchase. The average home prices are competitive, making it an attractive location for both first-time buyers and experienced investors. Main attractions in Flomot, Texas include scenic parks, historical landmarks, and local events that celebrate the town's rich culture and heritage. Residents and visitors can enjoy outdoor activities such as hiking, fishing, and community festivals throughout the year.
Benefits of Bridge Loans in Flomot, Texas
