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Navigating the process of buying a new home in Lewisville, 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 Lewisville, TX or getting it ready for the market.
Identify the new home you want to buy in Lewisville, 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 Lewisville, 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 Lewisville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lewisville, 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 Lewisville, 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 Lewisville, 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 Lewisville, 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 Lewisville, 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 Lewisville offer numerous advantages. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of a current one. This flexibility allows homeowners to secure their dream home without being constrained by the timing of selling their existing property. The demographics of Lewisville, Texas, show a diverse community with a mix of young professionals, families, and retirees. The city's population is steadily growing, providing a dynamic and vibrant environment for residents. Lewisville's strong economy and job market make it an attractive location for those seeking career opportunities. The housing market in Lewisville is robust, with a range of housing options to suit different needs and budgets. The city offers a mix of suburban neighborhoods, urban developments, and waterfront properties, catering to a variety of lifestyle preferences. The market is competitive, with steady appreciation in property values, making it a lucrative investment for homeowners. Main attractions in Lewisville include Lewisville Lake, a popular spot for water sports and outdoor activities. The city also boasts a vibrant arts and cultural scene, with events like Western Days and Sounds of Lewisville attracting visitors from across the region. Residents can enjoy shopping, dining, and entertainment at venues like the Music City Mall and Old Town Lewisville.
Benefits of Bridge Loans in Lewisville, Texas
