Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mobeetie, 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 Mobeetie, TX or getting it ready for the market.
Identify the new home you want to buy in Mobeetie, 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 Mobeetie, 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 Mobeetie, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mobeetie, 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 Mobeetie, 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 Mobeetie, 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 Mobeetie, 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 Mobeetie, 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 provide a quick and convenient financing option for residents of Mobeetie, Texas. They offer short-term funding to bridge the gap between buying a new home and selling the current one, making the transition smoother and less stressful. Mobeetie, Texas, a small town in Wheeler County, has a population of around 100 residents. The area boasts a tight-knit community with a strong sense of belonging, ideal for those seeking a peaceful and close community atmosphere. The housing market in Mobeetie is stable, with a mix of historic homes and new developments. The median home price is affordable, making it an attractive location for first-time buyers and those looking to invest in real estate. Bridge loans can help facilitate the home buying process in this market. While Mobeetie may be small, it offers a charming Western experience with attractions such as the Old Mobeetie Jail Museum and the nearby Lake McClellan for outdoor enthusiasts. Its proximity to natural parks and wildlife areas makes it a great place for those who love the outdoors.
Benefits of Bridge Loans in Mobeetie, Texas
