Get Approved at The Lowest Rate
Navigating the process of buying a new home in Neches, 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 Neches, TX or getting it ready for the market.
Identify the new home you want to buy in Neches, 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 Neches, 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 Neches, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Neches, 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 Neches, 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 Neches, 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 Neches, 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 Neches, 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 Neches, Texas offer a range of benefits to homebuyers and property investors. One key advantage is the ability to secure financing quickly, allowing individuals to bridge the gap between the purchase of a new property and the sale of their existing one. This can be particularly advantageous in a competitive real estate market where speed is essential. Demographically, Neches, Texas, is a vibrant community with a diverse population. The area boasts a strong economy, low unemployment rates, and a range of job opportunities. Families are attracted to Neches for its excellent schools and safe neighborhoods, making it an ideal location for individuals looking to settle down and invest in a property. The housing market in Neches, Texas, is characterized by steady growth and increasing property values. With a variety of housing options available, from historic homes to modern condominiums, there is something for everyone in Neches. Bridge loans can help buyers take advantage of these opportunities by providing the flexibility and financial support needed to secure their dream home.
Benefits of Bridge Loans in Neches, Texas
