Get Approved at The Lowest Rate
Navigating the process of buying a new home in Freeport, 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 Freeport, TX or getting it ready for the market.
Identify the new home you want to buy in Freeport, 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 Freeport, 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 Freeport, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Freeport, 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 Freeport, 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 Freeport, 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 Freeport, 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 Freeport, 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 of Bridge Loans Bridge loans offer quick financing solutions for individuals looking to purchase a new property before selling their current one. In Freeport, this can be especially advantageous due to the competitive real estate market and the need to act swiftly on desirable properties. It provides the flexibility needed to secure a new home without being contingent on the sale of an existing property. Demographics Freeport, Texas, has a diverse population with a mix of age groups, including families, retirees, and young professionals. The community is known for its welcoming atmosphere and strong sense of local pride. The city has a growing economy supported by various industries, offering residents ample opportunities for employment and economic growth. Housing Market The housing market in Freeport is dynamic, with a range of housing options from waterfront properties to suburban homes. Bridge loans can be particularly beneficial in this market to help buyers secure properties quickly in a competitive environment. The market has shown steady growth in property values, making it an attractive investment opportunity. Main Attractions Freeport boasts beautiful beaches, parks, and recreational areas for residents and visitors to enjoy. The city is also home to cultural attractions, restaurants, and shopping centers, providing a vibrant and diverse lifestyle for its residents. Additionally, its proximity to the coast offers unique opportunities for outdoor activities and water sports.
Bridge Loans in Freeport, Texas
