Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lodi, 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 Lodi, TX or getting it ready for the market.
Identify the new home you want to buy in Lodi, 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 Lodi, 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 Lodi, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lodi, 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 Lodi, 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 Lodi, 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 Lodi, 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 Lodi, 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 Lodi, Texas offer a flexible financing option for homebuyers. These short-term loans provide the necessary funds to purchase a new home before selling an existing one, helping to prevent missed opportunities and facilitating smoother transitions between properties. Demographics in Lodi, Texas show a diverse community with a mix of age groups and professions. The town attracts young families seeking a peaceful and close-knit environment, while also appealing to retirees looking for a relaxing place to call home. The housing market in Lodi, Texas is dynamic, with a range of options from cozy starter homes to spacious estates. Bridge loans can be particularly beneficial in this market, allowing buyers to act quickly on desirable properties and secure their dream home without delays. Main attractions in Lodi, Texas include the scenic Lodi Park, perfect for outdoor enthusiasts and families looking to enjoy nature. The town also boasts charming local shops and restaurants that add to the community's unique appeal.
Benefits of Bridge Loans in Lodi, Texas
