Get Approved at The Lowest Rate
Navigating the process of buying a new home in Galena Park, 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 Galena Park, TX or getting it ready for the market.
Identify the new home you want to buy in Galena Park, 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 Galena Park, 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 Galena Park, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Galena Park, 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 Galena Park, 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 Galena Park, 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 Galena Park, 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 Galena Park, 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 Galena Park, Texas offer numerous advantages for individuals looking to buy a new home before selling their current one. These short-term loans provide the financial flexibility needed to bridge the gap between two transactions, reducing the stress of coordinating closing dates. Demographics in Galena Park show a diverse and growing community with a mix of families, professionals, and retirees. The population consists of various ethnicities, contributing to a vibrant cultural scene and a range of dining options representing different cuisines. The housing market in Galena Park is dynamic, with a mix of historic homes and modern developments. Bridge loans can help potential buyers take advantage of favorable market conditions and secure their dream home quickly, giving them a competitive edge in the fast-moving real estate market. Main Attractions in Galena Park:
Benefits of Bridge Loans in Galena Park, Texas
