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Navigating the process of buying a new home in Markham, 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 Markham, TX or getting it ready for the market.
Identify the new home you want to buy in Markham, 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 Markham, 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 Markham, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Markham, 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 Markham, 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 Markham, 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 Markham, 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 Markham, 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 Markham, Texas provide a valuable financial solution for individuals looking to quickly purchase a new home before selling their existing one. This type of loan offers short-term financing that bridges the gap between the purchase of a new property and the sale of the current one, allowing homeowners to secure their dream home without the stress of timing constraints. Demographics: Markham, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The area is known for its tight-knit community feel, excellent schools, and convenient access to urban amenities while maintaining a suburban charm. Housing Market: The housing market in Markham, Texas, is currently experiencing steady growth, with a range of residential options available to suit different preferences and budgets. The market offers a mix of single-family homes, townhouses, and apartments, attracting both first-time buyers and seasoned homeowners. Main Attractions: Markham, Texas, is renowned for its scenic parks, vibrant cultural scene, and local dining experiences. Residents can enjoy outdoor activities at Lake Markham, explore the town's historical landmarks, and indulge in the diverse culinary offerings ranging from Southern comfort food to international cuisine.
Bridge Loans in Markham, Texas
