Get Approved at The Lowest Rate
Navigating the process of buying a new home in Malone, 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 Malone, TX or getting it ready for the market.
Identify the new home you want to buy in Malone, 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 Malone, 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 Malone, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Malone, 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 Malone, 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 Malone, 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 Malone, 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 Malone, 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 flexible financing solution for homeowners in Malone, Texas, allowing them to purchase a new home before selling their existing one. This can help avoid the stress of coordinating two real estate transactions simultaneously. Demographics in Malone, Texas, show a close-knit community with a population that values a peaceful suburban lifestyle. The town boasts a mix of families, young professionals, and retirees, creating a diverse and welcoming environment. The housing market in Malone, Texas, is stable, with a range of property options from cozy single-family homes to spacious ranch-style houses. The area's affordability compared to nearby urban centers makes it an attractive option for those looking for a peaceful retreat. Main attractions in Malone, Texas, include the picturesque Malone Park, perfect for outdoor activities and family picnics. Additionally, the historic downtown area offers charming boutiques, local eateries, and a vibrant cultural scene for residents and visitors to enjoy.
Benefits of Bridge Loans in Malone, Texas
