Get Approved at The Lowest Rate
Navigating the process of buying a new home in Maypearl, 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 Maypearl, TX or getting it ready for the market.
Identify the new home you want to buy in Maypearl, 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 Maypearl, 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 Maypearl, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Maypearl, 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 Maypearl, 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 Maypearl, 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 Maypearl, 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 Maypearl, 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 Maypearl, Texas offer a convenient solution for homeowners who need to bridge the gap between the purchase of a new home and the sale of their existing one. This type of loan provides quick access to funds, allowing individuals to secure their new property without having to wait for their old house to sell. Maypearl, Texas, with a population of approximately X,XXX, is a charming rural community known for its tight-knit community feel and friendly residents. The town boasts a lower cost of living compared to larger cities, making it an attractive option for those looking for a peaceful and affordable place to live. The housing market in Maypearl is currently showing steady growth, with a diverse range of properties available to suit different budgets and preferences. The average home price in the area is around $XXX,XXX, making it an ideal location for both first-time homebuyers and those looking to upgrade to a larger property.
Benefits of Bridge Loans in Maypearl, Texas
