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Navigating the process of buying a new home in Lakeview, 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 Lakeview, TX or getting it ready for the market.
Identify the new home you want to buy in Lakeview, 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 Lakeview, 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 Lakeview, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lakeview, 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 Lakeview, 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 Lakeview, 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 Lakeview, 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 Lakeview, 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 Lakeview, Texas offer a quick financing solution for individuals looking to purchase a new home before selling their existing property. This type of loan bridges the financial gap between the sale of the old property and the purchase of the new one, providing flexibility and convenience. Demographics in Lakeview, Texas indicate a growing population of diverse age groups, with a mix of families, young professionals, and retirees. The community values education, outdoor activities, and a strong sense of belonging, making it an ideal place for individuals looking to settle in a welcoming environment. The housing market in Lakeview, Texas is competitive yet stable, with a range of housing options from single-family homes to condominiums. The average home prices have been steadily appreciating, offering a promising investment opportunity for potential buyers. Bridge loans can help navigate the market dynamics and secure a desirable property. Main attractions in Lakeview, Texas include the picturesque Lakeview Park, known for its scenic trails, picnic spots, and recreational facilities. The vibrant downtown area boasts a variety of local shops, restaurants, and cultural events that showcase the community's rich heritage and welcoming spirit.
Benefits of Bridge Loans in Lakeview, Texas
