Get Approved at The Lowest Rate
Navigating the process of buying a new home in Millican, 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 Millican, TX or getting it ready for the market.
Identify the new home you want to buy in Millican, 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 Millican, 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 Millican, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Millican, 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 Millican, 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 Millican, 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 Millican, 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 Millican, 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 Millican, Texas offer several advantages to both homebuyers and sellers. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their current one. This can prevent the need for a contingent offer, making the buying process faster and more competitive. Demographics in Millican show a diverse and growing community. With a mix of families, young professionals, and retirees, the town offers a welcoming environment for people of all ages. The median household income is above the state average, indicating a strong local economy and job market. The housing market in Millican is thriving, with a range of options available for buyers. From historic homes to modern developments, there is something for everyone in this picturesque town. The market is competitive but still offers opportunities for both buyers and sellers to find their ideal property. Main attractions in Millican include beautiful parks, historic sites, and local shops and restaurants. The town's rich history and charming downtown area make it a popular destination for both residents and visitors. With easy access to outdoor activities and cultural events, Millican offers a high quality of life for its residents.
Benefits of Bridge Loans in Millican, Texas
