Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mclean, 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 Mclean, TX or getting it ready for the market.
Identify the new home you want to buy in Mclean, 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 Mclean, 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 Mclean, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mclean, 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 Mclean, 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 Mclean, 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 Mclean, 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 Mclean, 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 Mclean, Texas offer a quick and convenient financing option for homeowners looking to bridge the gap between the purchase of a new home and the sale of their existing one. They provide the flexibility needed to secure a new property without the stress of timing constraints. Demographics: Mclean, Texas, is a charming town with a population of approximately 800 residents. It boasts a close-knit community with a mix of families and retirees. The town's residents enjoy a peaceful and safe environment, making it an attractive place to live. Housing Market: The housing market in Mclean, Texas, is dynamic and varied, offering a range of property types from cozy single-family homes to spacious ranch-style houses. The market is known for its stability and affordability, making it an appealing choice for both first-time homebuyers and seasoned investors. Main Attractions: Mclean, Texas, is home to several attractions that draw visitors and residents alike. The town's historic downtown area features charming shops and eateries, while nearby parks offer opportunities for outdoor recreation. Additionally, Mclean's rich cultural heritage is showcased in its museums and annual events.
Benefits of Bridge Loans in Mclean, Texas
