Get Approved at The Lowest Rate
Navigating the process of buying a new home in Maud, 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 Maud, TX or getting it ready for the market.
Identify the new home you want to buy in Maud, 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 Maud, 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 Maud, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Maud, 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 Maud, 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 Maud, 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 Maud, 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 Maud, 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 Maud, Texas offer borrowers the flexibility to secure financing for a new home before selling their current one. This can help avoid the stress of timing the sale and purchase of homes simultaneously, providing a seamless transition. Demographically, Maud is a small town in Texas with a close-knit community. The population is around 1,200 residents, offering a peaceful and friendly environment for families and individuals looking to settle down in a quiet yet vibrant community. In Maud, the housing market is stable with a mix of traditional homes and newer constructions. The median home price is affordable, making it an attractive option for first-time homebuyers or those looking to upgrade to a larger property without breaking the bank. Main attractions in Maud include the Maud Historical Museum, which showcases the town's rich heritage, and local parks that offer opportunities for outdoor recreation such as hiking, picnicking, and sports activities, making it an ideal place for nature enthusiasts.
Benefits of Bridge Loans in Maud, Texas
