Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lyford, 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 Lyford, TX or getting it ready for the market.
Identify the new home you want to buy in Lyford, 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 Lyford, 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 Lyford, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lyford, 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 Lyford, 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 Lyford, 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 Lyford, 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 Lyford, 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 in Lyford, Texas offer a temporary financing solution for homeowners looking to purchase a new home before selling their current one, providing flexibility and convenience. Demographics: Lyford, Texas, is a small town with a close-knit community. The population is diverse, with a mix of different age groups and backgrounds coming together to create a vibrant local culture. Housing Market in Lyford: The housing market in Lyford, Texas, is stable with affordable home prices compared to neighboring areas. Bridge loans can help residents take advantage of this by allowing them to secure a new home without the pressure of selling their existing property quickly. Main Attractions: Lyford offers a peaceful lifestyle with access to nature, including the nearby Willacy County Park and the Lyford Municipal Golf Course. Residents can also enjoy local events and festivals that celebrate the town's rich history and community spirit.
Bridge Loans in Lyford, Texas
