Get Approved at The Lowest Rate
Navigating the process of buying a new home in Huntsville, 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 Huntsville, TX or getting it ready for the market.
Identify the new home you want to buy in Huntsville, 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 Huntsville, 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 Huntsville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Huntsville, 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 Huntsville, 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 Huntsville, 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 Huntsville, 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 Huntsville, 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 Huntsville, Texas offer immense benefits for homeowners looking to transition smoothly from one property to another. These loans provide the flexibility to purchase a new home before selling the current one, avoiding the stress of finding temporary housing or rushing a sale. Demographically, Huntsville boasts a diverse population with a mix of families, young professionals, and retirees. The city's proximity to Houston and the presence of Sam Houston State University contribute to a dynamic community atmosphere. In terms of the housing market, Huntsville offers a range of options from historic homes to modern developments. The market is competitive yet stable, making it an attractive location for both buyers and sellers. Aside from its housing market, Huntsville is known for its rich history, outdoor recreational opportunities, and cultural attractions. Visitors and residents alike enjoy exploring the Sam Houston National Forest, the Texas Prison Museum, and the Huntsville State Park.
Benefits of Bridge Loans in Huntsville, Texas
