Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lelia Lake, 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 Lelia Lake, TX or getting it ready for the market.
Identify the new home you want to buy in Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions for homebuyers, enabling them to purchase a new home before selling their existing one. This can prevent the need for a contingency offer and increase chances of securing the desired property. Demographics: Lelia Lake, Texas, has a diverse population with a mix of families, professionals, and retirees. The community values a small-town atmosphere and offers a peaceful environment for residents to enjoy. Housing Market: The housing market in Lelia Lake is thriving, with a range of property types available including single-family homes, townhouses, and condos. Prices are competitive, making it an attractive location for both first-time buyers and investors. Main Attractions: Lelia Lake boasts natural beauty with parks, lakes, and hiking trails for outdoor enthusiasts. Additionally, the town has a rich historical heritage, with museums and cultural events that showcase its unique character.
Bridge Loans in Lelia Lake, Texas
