Get Approved at The Lowest Rate
Navigating the process of buying a new home in Nacogdoches, 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 Nacogdoches, TX or getting it ready for the market.
Identify the new home you want to buy in Nacogdoches, 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 Nacogdoches, 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 Nacogdoches, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nacogdoches, 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 Nacogdoches, 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 Nacogdoches, 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 Nacogdoches, 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 Nacogdoches, 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 Nacogdoches, Texas offer a valuable financial solution for individuals looking to purchase a new home before selling their current one. This type of loan provides flexibility and quick access to funds, enabling seamless transitions between properties without the stress of timing constraints. With a bridge loan, homeowners can secure their new dream home without having to wait for their existing property to sell. Nacogdoches, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The city's demographic makeup contributes to a vibrant community with a range of cultural events, dining options, and recreational activities. Residents enjoy a high quality of life supported by excellent schools, healthcare facilities, and job opportunities. The housing market in Nacogdoches, Texas, is dynamic and offers a variety of property types to suit different preferences and budgets. From historic homes with southern charm to modern developments with state-of-the-art amenities, the real estate landscape in Nacogdoches caters to a wide range of buyers. The market is characterized by steady appreciation rates and a balanced supply of housing inventory.
Benefits of Bridge Loans in Nacogdoches, Texas
