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Navigating the process of buying a new home in Longview, 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 Longview, TX or getting it ready for the market.
Identify the new home you want to buy in Longview, 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 Longview, 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 Longview, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Longview, 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 Longview, 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 Longview, 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 Longview, 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 Longview, 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 Longview, Texas offer a range of benefits, such as providing quick access to capital for purchasing a new home before selling the current one. This financial tool can help bridge the gap between transactions, avoiding potential delays or missed opportunities in the competitive real estate market. The demographics of Longview, Texas, showcase a vibrant community with a mix of families, professionals, and retirees. The city's diverse population contributes to a rich cultural tapestry, making it an inviting place to live and work. The housing market in Longview, Texas, is characterized by a variety of properties, ranging from historic homes to modern developments. With steady growth in property values and a relatively affordable cost of living, Longview offers attractive investment opportunities for homebuyers and investors alike. Longview, Texas, boasts several main attractions, including the Museum of East Texas, the Maude Cobb Convention Center, and the picturesque Paul Boorman Trail. Residents and visitors can enjoy a mix of cultural, recreational, and outdoor activities in this dynamic city.
Bridge Loans in Longview, Texas