Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mound, 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 Mound, TX or getting it ready for the market.
Identify the new home you want to buy in Mound, 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 Mound, 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 Mound, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mound, 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 Mound, 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 Mound, 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 Mound, 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 Mound, 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 Mound, Texas offer valuable benefits to homebuyers. One significant advantage is the ability to secure financing quickly, allowing buyers to act fast in competitive markets. These loans also provide flexibility by allowing buyers to make a down payment on a new home before selling their existing property. Demographics: Mound, Texas, is a charming small town with a population that values community and a peaceful lifestyle. The town is known for its friendly residents, excellent schools, and tight-knit neighborhoods, making it an ideal place for families and individuals looking to settle down. Housing Market: The housing market in Mound, Texas, is currently experiencing steady growth. With an increasing demand for housing in the area, property values are on the rise, making it a lucrative market for both buyers and sellers. Bridge loans can help buyers take advantage of these favorable conditions. Main Attractions: Mound, Texas, boasts various attractions for residents and visitors alike. From picturesque parks and nature trails to local shops and restaurants, there is always something to explore in this vibrant town. The welcoming community and beautiful surroundings make Mound a desirable place to call home.
Benefits of Bridge Loans in Mound, Texas
