Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lexington, 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 Lexington, TX or getting it ready for the market.
Identify the new home you want to buy in Lexington, 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 Lexington, 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 Lexington, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lexington, 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 Lexington, 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 Lexington, 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 Lexington, 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 Lexington, 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 Lexington, Texas offer individuals the flexibility to purchase a new home before selling their current property. This allows for a smoother transition without the stress of timing constraints often associated with buying and selling homes simultaneously. Demographics: Lexington, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The town has a tight-knit community feel, making it an ideal place for individuals seeking a welcoming environment. Housing Market: The housing market in Lexington, Texas, is competitive yet offers a range of options from historic homes to modern developments. Bridge loans provide homebuyers with the financial means to secure their dream home in this thriving market. Main Attractions: Lexington, Texas, is known for its scenic parks, charming downtown area, and rich historical sites. Residents can enjoy outdoor activities like hiking and fishing, as well as explore local shops and restaurants that showcase the town's unique character.
The Benefits of Bridge Loans in Lexington, Texas
