Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mabank, 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 Mabank, TX or getting it ready for the market.
Identify the new home you want to buy in Mabank, 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 Mabank, 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 Mabank, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mabank, 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 Mabank, 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 Mabank, 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 Mabank, 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 Mabank, 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 Mabank, Texas offer a convenient financing solution for homeowners looking to purchase a new property before selling their current one. These loans provide short-term funding to bridge the financial gap between the sale of the existing home and the purchase of a new one. This flexibility allows homeowners to secure their dream home without the stress of waiting for their current property to sell. Demographics in Mabank show a vibrant and diverse community with a population that embraces a small-town feel while being in close proximity to urban amenities. The town boasts a mix of families, professionals, and retirees, creating a dynamic and welcoming environment for residents of all ages. The housing market in Mabank, Texas, demonstrates steady growth and stability, making it an attractive location for real estate investment. With a range of housing options from cozy single-family homes to spacious estates, Mabank offers something for everyone. The market presents opportunities for both buyers and sellers, with competitive pricing and desirable properties. Main attractions in Mabank include picturesque Cedar Creek Lake, perfect for boating and fishing enthusiasts. The town also features charming downtown shops, delicious local eateries, and community events that bring residents together. With its rich history and natural beauty, Mabank offers a relaxed and enjoyable lifestyle for its residents.
Benefits of Bridge Loans in Mabank, Texas
