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Navigating the process of buying a new home in Manvel, 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 Manvel, TX or getting it ready for the market.
Identify the new home you want to buy in Manvel, 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 Manvel, 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 Manvel, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Manvel, 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 Manvel, 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 Manvel, 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 Manvel, 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 Manvel, 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 Manvel, Texas offer a convenient financing option for homebuyers looking to purchase a new property before selling their existing home. This type of loan provides flexibility and allows individuals to seamlessly transition from one home to another without the stress of timing issues. Demographics: Manvel, Texas, a growing city, has a diverse population with a mix of young professionals, families, and retirees. The area boasts a strong sense of community with top-rated schools, making it an attractive location for families looking to settle down. Housing Market: Manvel's housing market is robust, offering a range of housing options from single-family homes to luxury estates. The market is competitive, with properties often selling quickly. Bridge loans can give buyers an edge in this market by providing quick access to funds for securing their dream home. Main Attractions: Manvel is known for its beautiful parks, such as Manvel Park and Gordon Ranch Park, offering residents plenty of opportunities for outdoor recreation. The city also has a rich historical heritage, with attractions like the Manvel Historical Museum showcasing its past.
Benefits of Bridge Loans in Manvel, Texas
