Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lowake, 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 Lowake, TX or getting it ready for the market.
Identify the new home you want to buy in Lowake, 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 Lowake, 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 Lowake, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lowake, 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 Lowake, 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 Lowake, 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 Lowake, 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 Lowake, 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!
A bridge loan in Lowake, Texas, offers numerous benefits to both homebuyers and sellers. One of the primary advantages is the ability to secure funds quickly, bridging the gap between the purchase of a new home and the sale of an existing one. This financial flexibility allows individuals to make competitive offers without being contingent on the sale of their current property. Lowake, Texas, boasts a diverse demographic landscape with a mix of young professionals, families, and retirees. The community values its small-town charm and strong sense of community. With a growing population, Lowake offers a blend of urban amenities and a relaxed lifestyle for residents of all ages. The housing market in Lowake, Texas, is dynamic and offers a range of options for potential buyers. The real estate market is competitive, with a mix of traditional single-family homes, modern townhouses, and upscale condominiums. Bridge loans provide buyers with the financial assistance needed to navigate this vibrant market with confidence.
Bridge Loans in Lowake, Texas
