Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lipscomb, 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 Lipscomb, TX or getting it ready for the market.
Identify the new home you want to buy in Lipscomb, 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 Lipscomb, 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 Lipscomb, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lipscomb, 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 Lipscomb, 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 Lipscomb, 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 Lipscomb, 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 Lipscomb, 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 homeowners looking to purchase a new property before selling their current one. In Lipscomb, Texas, these loans can help avoid delays in buying a new home and provide flexibility in the transition process. Demographics: Lipscomb, Texas, is a small town with a population of approximately X. The community is known for its tight-knit feel and friendly atmosphere, making it an ideal place for families and individuals seeking a peaceful environment. Housing Market: The housing market in Lipscomb, Texas, is characterized by a mix of traditional single-family homes and modern developments. The average home price is $X, making it an affordable option for buyers looking to settle in a charming rural setting. Main Attractions: Lipscomb, Texas, offers a range of attractions, including scenic parks, local eateries serving authentic Texan cuisine, and cultural events that showcase the town's rich history. Residents can enjoy outdoor activities such as hiking, fishing, and exploring the natural beauty of the area.
Bridge Loans in Lipscomb, Texas
