Get Approved at The Lowest Rate
Navigating the process of buying a new home in Nome, 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 Nome, TX or getting it ready for the market.
Identify the new home you want to buy in Nome, 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 Nome, 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 Nome, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nome, 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 Nome, 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 Nome, 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 Nome, 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 Nome, 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!
Benefits of Bridge Loans: Bridge loans in Nome, Texas offer quick financing for homebuyers who need to close on a new home before selling their current one. These loans provide the flexibility to make a competitive offer without waiting for the sale of your existing property. Demographics: Nome, Texas, has a population of approximately 1,200 residents. The town boasts a diverse community with a mix of families, retirees, and young professionals contributing to its vibrant atmosphere. Housing Market: The housing market in Nome, Texas, is competitive yet affordable. The median home price is $150,000, making it an attractive option for first-time homebuyers and families looking to settle down in a picturesque small town. Main Attractions: Nome, Texas, is known for its charming Main Street lined with local shops and restaurants, offering residents a quaint and cozy downtown experience. The town also features beautiful parks and outdoor recreational areas, perfect for nature lovers and outdoor enthusiasts.
Bridge Loans in Nome, Texas
