Get Approved at The Lowest Rate
Navigating the process of buying a new home in Nada, 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 Nada, TX or getting it ready for the market.
Identify the new home you want to buy in Nada, 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 Nada, 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 Nada, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nada, 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 Nada, 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 Nada, 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 Nada, 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 Nada, 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 Nada, Texas offer immediate financial support to bridge the gap between the purchase of a new home before the sale of the current one. This enables homeowners to seize opportunities without being tied down by the constraints of their existing property. Demographics: Nada, Texas, boasts a diverse demographic profile with a mix of young families, professionals, and retirees. The community values education, with access to quality schools and a strong sense of local pride. Housing Market: The housing market in Nada is vibrant, offering a range of options from historic homes with character to modern developments. Bridge loans provide flexibility for buyers to navigate this competitive market and secure their dream home. Main Attractions: Nada, Texas, is known for its picturesque countryside, charming downtown area, and proximity to outdoor recreational activities. Residents can enjoy local parks, cultural events, and a tight-knit community spirit.
The Benefits of Bridge Loans in Nada, Texas
