Get Approved at The Lowest Rate
Navigating the process of buying a new home in Maydelle, 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 Maydelle, TX or getting it ready for the market.
Identify the new home you want to buy in Maydelle, 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 Maydelle, 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 Maydelle, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Maydelle, 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 Maydelle, 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 Maydelle, 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 Maydelle, 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 Maydelle, 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 Maydelle, Texas offer numerous benefits for homebuyers. They provide quick access to funds, allowing buyers to bridge the gap between the purchase of a new home and the sale of their existing property. This enables buyers to make competitive offers and secure their dream home without being contingent on selling their current residence. Maydelle, Texas, is a charming village with a population that values a close-knit community atmosphere. The demographics of Maydelle show a mix of families and retirees, enjoying the peaceful rural setting. The village boasts a low crime rate and a high quality of life, making it an ideal place to raise a family or retire in tranquility. The housing market in Maydelle offers a mix of historic homes, modern developments, and spacious lots. With the help of bridge loans, buyers can take advantage of the diverse real estate options available in the area. The market is stable, with steady appreciation rates, making it an attractive location for both investors and homeowners looking to establish roots in a picturesque Texas village. Main attractions in Maydelle include the historic Maydelle Country Wines vineyard, where visitors can enjoy tours and tastings of locally produced wines. The village is also known for its scenic hiking trails and proximity to outdoor recreational areas, such as the Sabine National Forest, offering residents and visitors ample opportunities for outdoor adventure and relaxation.
Benefits of Bridge Loans in Maydelle, Texas
