Get Approved at The Lowest Rate
Navigating the process of buying a new home in Glen Flora, 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 Glen Flora, TX or getting it ready for the market.
Identify the new home you want to buy in Glen Flora, 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 Glen Flora, 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 Glen Flora, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Glen Flora, 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 Glen Flora, 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 Glen Flora, 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 Glen Flora, 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 Glen Flora, 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 Glen Flora, Texas offer unique advantages to borrowers. These short-term loans help homeowners bridge the gap between the purchase of a new home and the sale of their existing property. They provide quick access to funds, typically with less stringent requirements compared to traditional mortgages, enabling individuals to secure their dream home without delays. Demographically, Glen Flora, Texas, boasts a diverse population, with a strong sense of community. The area has a mix of young families, professionals, and retirees, creating a vibrant and inclusive neighborhood. The town also has a growing economy, offering ample opportunities for employment and business development. In the Glen Flora housing market, bridge loans play a crucial role in facilitating property transactions. With the demand for housing on the rise, these loans provide flexibility to buyers, allowing them to act swiftly in a competitive market. Additionally, the town's real estate market is witnessing steady growth, making it an attractive location for both homeowners and investors. Some of the main attractions in Glen Flora include its scenic parks, local eateries serving delicious cuisine, and cultural landmarks that showcase the town's rich history. Residents can enjoy outdoor activities such as hiking and fishing, while also experiencing the charm of small-town living in a welcoming community.
The Benefits of Bridge Loans in Glen Flora, Texas
