Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lohn, 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 Lohn, TX or getting it ready for the market.
Identify the new home you want to buy in Lohn, 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 Lohn, 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 Lohn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lohn, 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 Lohn, 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 Lohn, 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 Lohn, 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 Lohn, 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 a convenient financing solution for homeowners in Lohn, Texas, who are looking to purchase a new home before selling their current one. This type of loan provides the flexibility to access funds quickly and bridge the gap between the purchase of a new property and the sale of the existing one. Demographics in Lohn, Texas, show a tight-knit community with a population that values small-town living. The area offers a peaceful environment with a mix of young families and retirees. The low crime rates and friendly neighbors make Lohn an ideal place for those seeking a close community atmosphere. The housing market in Lohn, Texas, is characterized by affordable prices and a variety of property options. With the help of bridge loans, residents can take advantage of favorable interest rates and flexible repayment terms to secure their dream home without the stress of selling their current property first. Lohn, Texas, boasts several main attractions including picturesque parks, local eateries, and cultural events. Residents can enjoy outdoor activities like hiking and fishing, while also exploring the town's historical landmarks and charming downtown area.
Benefits of Bridge Loans in Lohn, Texas
