Get Approved at The Lowest Rate
Navigating the process of buying a new home in Laneville, 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 Laneville, TX or getting it ready for the market.
Identify the new home you want to buy in Laneville, 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 Laneville, 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 Laneville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Laneville, 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 Laneville, 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 Laneville, 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 Laneville, 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 Laneville, 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 Laneville, Texas offer a valuable financing option for homebuyers by providing short-term funds to bridge the gap between buying a new home and selling an existing one. This allows buyers to make a competitive offer without contingencies, giving them an edge in a hot real estate market. Demographics: Laneville, Texas, is a small town with a population of approximately 500 residents. The community is close-knit, with a mix of families, retirees, and young professionals. The town offers a quiet and rural lifestyle, making it an ideal place for those looking to escape the hustle and bustle of city life. Housing Market: Laneville's housing market is characterized by a variety of attractive options, from historic homes to modern developments. The median home price is affordable, making it an attractive option for first-time buyers and those looking to invest in real estate. With the help of bridge loans, buyers can seize opportunities quickly in this competitive market. Main Attractions: Laneville boasts scenic natural surroundings, including parks and lakes, providing residents with opportunities for outdoor activities like hiking, fishing, and picnicking. The town also has a rich cultural heritage, with local festivals and events that bring the community together.
The Benefits of Bridge Loans in Laneville, Texas
