Get Approved at The Lowest Rate
Navigating the process of buying a new home in La Porte, 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 La Porte, TX or getting it ready for the market.
Identify the new home you want to buy in La Porte, 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 La Porte, 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 La Porte, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Porte, 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 La Porte, 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 La Porte, 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 La Porte, 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 La Porte, 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 La Porte, Texas offer numerous advantages for homebuyers and investors seeking quick financing solutions. These short-term loans can help bridge the gap between the purchase of a new property and the sale of the existing one, providing flexibility and convenience in real estate transactions. Demographically, La Porte, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The city has a strong sense of community and offers a range of amenities, including top-rated schools, parks, and recreational facilities, making it an attractive place to call home. When it comes to the housing market, La Porte offers a variety of properties ranging from historic homes to modern developments. The market is competitive yet affordable compared to neighboring areas, making it an opportune time for buyers to explore bridge loan options for securing their dream home. Main attractions in La Porte include the beautiful Sylvan Beach Park, where residents can enjoy picnicking, fishing, and water activities. The city also boasts the Battleship Texas State Historic Site, attracting history buffs and tourists alike. With its charming downtown area and proximity to the Gulf Coast, La Porte offers a unique blend of small-town charm and coastal living.
Benefits of Bridge Loans in La Porte, Texas
