Get Approved at The Lowest Rate
Navigating the process of buying a new home in Goodrich, 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 Goodrich, TX or getting it ready for the market.
Identify the new home you want to buy in Goodrich, 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 Goodrich, 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 Goodrich, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Goodrich, 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 Goodrich, 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 Goodrich, 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 Goodrich, 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 Goodrich, 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 are a valuable financial tool for homebuyers in Goodrich, Texas, offering the flexibility to purchase a new home before selling their current one. This type of loan provides short-term financing that bridges the gap between the sale of an existing home and the purchase of a new property. Goodrich, Texas, is a small, charming town with a population that values community and connection. The demographics of the area include a mix of families, professionals, and retirees, creating a diverse and welcoming atmosphere for residents and visitors alike. The housing market in Goodrich, Texas, offers a range of options for homebuyers, from cozy starter homes to spacious estates. With a growing demand for housing in the area, properties are experiencing appreciation in value, making it an attractive location for real estate investment. Main attractions in Goodrich, Texas, include the picturesque Lake Livingston, offering opportunities for fishing, boating, and outdoor recreation. The town also boasts historic sites, local shops, and dining establishments that showcase the unique charm and culture of the area.
Bridge Loans in Goodrich, Texas
