Get Approved at The Lowest Rate
Navigating the process of buying a new home in Levelland, 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 Levelland, TX or getting it ready for the market.
Identify the new home you want to buy in Levelland, 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 Levelland, 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 Levelland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Levelland, 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 Levelland, 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 Levelland, 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 Levelland, 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 Levelland, 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 significant benefits for individuals in Levelland, Texas. These short-term loans provide immediate funds to bridge the gap between the purchase of a new home and the sale of an existing one. They can help avoid missed opportunities, expedite the buying process, and provide flexibility in real estate transactions. Levelland, Texas, with a population of around 14,000 residents, is a diverse community known for its friendly atmosphere and welcoming environment. The city boasts a mix of cultural heritage, modern amenities, and a strong sense of community spirit among its residents. The housing market in Levelland offers diverse options for potential homebuyers. With a range of single-family homes, townhouses, and apartments available, prospective residents can find housing options that suit their preferences and budget. The market is stable, with affordable prices compared to nearby urban centers. While in Levelland, residents and visitors can explore attractions such as the Hockley County Historical Museum, Brashear Lake Park, and the South Plains College Theater. The city's vibrant arts scene, outdoor recreational opportunities, and local dining options make it a desirable place to live and visit.
The Benefits of Bridge Loans in Levelland, Texas
