Get Approved at The Lowest Rate
Navigating the process of buying a new home in Huffman, 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 Huffman, TX or getting it ready for the market.
Identify the new home you want to buy in Huffman, 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 Huffman, 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 Huffman, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Huffman, 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 Huffman, 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 Huffman, 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 Huffman, 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 Huffman, 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 offer a quick and convenient way for homeowners in Huffman, Texas, to access funds for purchasing a new home before selling their current one. This type of loan can help bridge the gap between the sale of the old property and the purchase of the new one, avoiding the need to wait for the sale to finalize. Demographically, Huffman, Texas, is a charming rural community located in Harris County. It has a diverse population with a mix of families, professionals, and retirees. The community is known for its strong sense of local pride and close-knit neighborhoods, making it an ideal place to raise a family or retire in peace. In terms of the housing market, Huffman offers a variety of housing options ranging from single-family homes to acreage properties. The market is currently stable with moderate appreciation rates, making it an attractive location for both buyers and sellers. Bridge loans can provide a competitive advantage in this market by allowing buyers to make swift offers without contingency clauses. Main attractions in Huffman include the Lake Houston Wilderness Park, known for its hiking trails and camping facilities, and the Huffman Independent School District, which provides quality education for local children. Additionally, the town's proximity to Lake Houston offers residents opportunities for fishing, boating, and other outdoor activities.
Benefits of Bridge Loans in Huffman, Texas
