Get Approved at The Lowest Rate
Navigating the process of buying a new home in Millsap, 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 Millsap, TX or getting it ready for the market.
Identify the new home you want to buy in Millsap, 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 Millsap, 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 Millsap, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Millsap, 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 Millsap, 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 Millsap, 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 Millsap, 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 Millsap, 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 Millsap, Texas offer numerous benefits to homebuyers and sellers. These short-term loans provide quick access to funds, allowing buyers to secure their dream home without waiting for the sale of their current property. This flexibility can be crucial in competitive real estate markets, giving buyers an edge in negotiations. Demographically, Millsap, Texas is a growing community with a mix of young families and retirees. The town boasts a strong sense of community, excellent schools, and a low crime rate, making it an attractive place to live for people of all ages. The housing market in Millsap is thriving, with a range of properties available to suit different needs and budgets. From sprawling ranch homes to cozy bungalows, there is something for everyone in this picturesque town. Bridge loans can help buyers take advantage of these real estate opportunities quickly and efficiently. Some of the main attractions in Millsap include its proximity to outdoor recreational areas such as Lake Mineral Wells State Park, perfect for hiking, camping, and boating. The town also has charming local shops, restaurants, and annual events that showcase its unique culture and heritage.
Benefits of Bridge Loans in Millsap, Texas
