Bridge Loans: Your Key to Seamless Home Transitions in Goodfellow Afb, TX

Navigating the process of buying a new home in Goodfellow Afb, 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.

How Our Bridge Loans Work in Goodfellow Afb, TX

1

Prepare and List Your Home for Sale

Start by listing your current home for sale in Goodfellow Afb, TX or getting it ready for the market.

2

Find and Purchase Your New Home

Identify the new home you want to buy in Goodfellow Afb, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.

3

Benefit from No Down Payment

Our bridge loan program in Goodfellow Afb, TX often does not require a down payment, freeing you from the need to come up with additional funds.

4

Sell Your Current Home

After your current home sells, we use the profits in Goodfellow Afb, TX to pay down the bridge loan balance, including any accrued interest.

5

Refinance to a Permanent Mortgage

Finally, we help you refinance into a traditional permanent mortgage in Goodfellow Afb, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.

Key Benefits of Our Bridge Loan Program

1. No Down Payment Required

Many of our bridge loans in Goodfellow Afb, TX do not require a down payment, making it easier for you to transition to your new home.

2. Simplified Qualification

You don’t need to qualify for both mortgage payments simultaneously.

3. Deferred Payments

Bridge loan payments in Goodfellow Afb, TX may be deferred, meaning no payments are due while you are using the bridge loan.

4. No Prepayment Penalties

You can pay off the bridge loan early without any penalties.

Why Choose Horizon Lending Services?

Our bridge loan in Goodfellow Afb, 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 Goodfellow Afb, TX to permanent mortgage financing, making the process as smooth as possible for you.

Horizon Lending Services – Your Partner in Home Financing Solutions

Ready to make your move? Contact us today to get started!

Benefits of Bridge Loans in Goodfellow AFB, Texas

Bridge loans in Goodfellow AFB offer a convenient financial solution for homeowners looking to purchase a new property before selling their current one. These short-term loans provide immediate funds to bridge the gap between the sale of the existing home and the purchase of a new one, allowing buyers to act quickly in a competitive market.

Goodfellow AFB is a vibrant community with a diverse population. The area boasts a strong military presence due to the presence of the Goodfellow Air Force Base. The demographics include a mix of military personnel, veterans, and civilians, creating a unique and welcoming environment.

The local housing market in Goodfellow AFB is characterized by a mix of single-family homes, townhouses, and apartments. With a range of housing options available, including newly constructed properties and historic homes, buyers can find a place that suits their needs and preferences.

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