Get Approved at The Lowest Rate
Navigating the process of buying a new home in New 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 New Home, TX or getting it ready for the market.
Identify the new home you want to buy in New 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 New 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 New Home, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in New 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 New 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 New 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 New 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 New 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 loans offer a convenient financing solution for homebuyers in New Home, Texas, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This financial tool provides flexibility and can help avoid delays in moving into a desired property. Demographics in New Home, Texas, showcase a diverse community with a mix of young professionals, families, and retirees. The town offers a peaceful suburban lifestyle with access to top-rated schools, making it an attractive choice for those seeking a close-knit and family-friendly environment. The housing market in New Home, Texas, is characterized by a steady demand for properties due to its desirable location and quality of life. The market offers a range of housing options, from modern single-family homes to spacious condos, providing opportunities for different preferences and budgets. Main attractions in New Home, Texas, include scenic parks, local eateries serving authentic Texan cuisine, and cultural events that celebrate the town's history. Residents can enjoy outdoor activities like hiking and biking, as well as community gatherings that foster a strong sense of belonging.
The Benefits of Bridge Loans in New Home, Texas
