Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mountain Home, 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 Mountain Home, TX or getting it ready for the market.
Identify the new home you want to buy in Mountain Home, 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 Mountain Home, 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 Mountain Home, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mountain Home, 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 Mountain Home, 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 Mountain Home, 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 Mountain Home, 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 Mountain Home, 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 Loan Benefits: Bridge loans offer short-term financing solutions for individuals looking to purchase a new home before selling their existing one. They provide flexibility by allowing you to make a competitive offer on a new home without the contingency of selling your current property first. Demographics: Mountain Home, Texas, is a small town with a population of approximately 800 residents. The community is known for its tight-knit feel and friendly atmosphere, making it a great place to raise a family or enjoy a peaceful retirement. Housing Market: The housing market in Mountain Home is stable, with a mix of traditional single-family homes and ranch-style properties. The average home price is affordable, making it an attractive option for first-time homebuyers and those looking to downsize. Main Attractions: Some of the main attractions in Mountain Home include the scenic natural beauty of the surrounding Hill Country, perfect for outdoor enthusiasts. Additionally, the town is located near vineyards and wineries, providing opportunities for wine tasting and relaxation.
Bridge Loans in Mountain Home, Texas
