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Navigating the process of buying a new home in Lake Jackson, 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 Lake Jackson, TX or getting it ready for the market.
Identify the new home you want to buy in Lake Jackson, 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 Lake Jackson, 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 Lake Jackson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lake Jackson, 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 Lake Jackson, 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 Lake Jackson, 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 Lake Jackson, 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 Lake Jackson, 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 convenient financing option for homeowners looking to purchase a new property before selling their current one. In Lake Jackson, Texas, these loans can provide flexibility and speed, allowing individuals to close on a new home quickly without being contingent on the sale of their old property. Demographics: Lake Jackson is a diverse community located in Brazoria County, Texas. It has a population of approximately 27,000 residents, with a mix of young families, professionals, and retirees. The town offers a suburban feel with access to urban amenities. Housing Market: The housing market in Lake Jackson is stable with a variety of single-family homes, townhouses, and condos available. The median home value in the area is around $200,000, making it an attractive location for homebuyers looking for affordable housing options. Main Attractions: Lake Jackson boasts a range of attractions, including the Sea Center Texas aquarium, parks like MacLean Park and Shy Pond Nature Park, and cultural venues. Residents can also enjoy close proximity to the Gulf Coast beaches and outdoor recreational activities.
Benefits of Bridge Loans in Lake Jackson, Texas
