Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mont Belvieu, 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 Mont Belvieu, TX or getting it ready for the market.
Identify the new home you want to buy in Mont Belvieu, 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 Mont Belvieu, 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 Mont Belvieu, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mont Belvieu, 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 Mont Belvieu, 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 Mont Belvieu, 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 Mont Belvieu, 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 Mont Belvieu, 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!
Benefits of Bridge Loans Bridge loans provide short-term financing for individuals looking to buy a new home before selling their existing one, helping to bridge the gap between transactions. These loans offer flexibility and speed, enabling buyers to make competitive offers and secure their dream home without waiting for their current property to sell. Bridge loans can also help avoid the need for a contingency offer, making the buying process smoother and increasing the chances of a successful purchase. Demographics Mont Belvieu, Texas, is a growing city with a population of approximately 10,000 residents, known for its close-knit community and family-friendly environment. The city boasts a diverse population, with a mix of young professionals, families, and retirees, creating a vibrant and welcoming atmosphere. Residents of Mont Belvieu enjoy access to top-rated schools, healthcare facilities, and a range of recreational opportunities, contributing to a high quality of life. Housing Market The housing market in Mont Belvieu is thriving, with a strong demand for both existing homes and new construction properties. Home prices have been steadily increasing, making it an attractive market for both buyers and sellers looking to make a sound investment. With a variety of housing options available, from single-family homes to luxury estates, Mont Belvieu offers something for everyone in terms of style and budget. Main Attractions Mont Belvieu is home to beautiful parks, recreational facilities, and outdoor spaces, making it ideal for nature lovers and outdoor enthusiasts. The city also features a range of shopping and dining options, providing residents with convenient access to amenities and services. Additionally, Mont Belvieu hosts community events and festivals throughout the year, fostering a sense of unity and belonging among its residents.
Benefits of Bridge Loans in Mont Belvieu, Texas
