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Navigating the process of buying a new home in Missouri City, 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 Missouri City, TX or getting it ready for the market.
Identify the new home you want to buy in Missouri City, 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 Missouri City, 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 Missouri City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Missouri City, 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 Missouri City, 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 Missouri City, 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 Missouri City, 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 Missouri City, 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 Missouri City offer a convenient financing solution for buyers who need to bridge the gap between the purchase of a new property and the sale of their current one. This type of loan provides flexibility and allows individuals to secure their dream home without waiting for their current property to sell. Missouri City, Texas, is a diverse and vibrant community located in the Houston metropolitan area. With a population of over 70,000 residents, the city offers a mix of suburban living and urban amenities, making it an attractive place for families and professionals alike. The housing market in Missouri City is dynamic, with a range of options available for buyers. From spacious single-family homes to modern townhouses and condos, there is something for everyone. The market is competitive, but bridge loans can give buyers an edge by providing quick access to funds. Some main attractions in Missouri City include the scenic Kitty Hollow Park, the historic Dew House, and the Fort Bend County Library. The city also boasts excellent schools, shopping centers, and dining options, making it a desirable place to live and work.
Benefits of Bridge Loans in Missouri City, Texas
