Get Approved at The Lowest Rate
Navigating the process of buying a new home in Normangee, 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 Normangee, TX or getting it ready for the market.
Identify the new home you want to buy in Normangee, 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 Normangee, 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 Normangee, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Normangee, 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 Normangee, 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 Normangee, 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 Normangee, 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 Normangee, 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 Normangee, Texas offer a flexible and convenient financing option for homebuyers looking to purchase a new home before selling their existing one. These loans provide short-term funds to bridge the gap between the sale of the current property and the purchase of a new one, helping buyers avoid the stress of timing constraints and allowing for a smoother transition. Nestled in Leon County, Normangee boasts a population of approximately 700 residents, creating a tight-knit and welcoming community atmosphere. The town's demographics are predominantly rural, offering a peaceful and serene setting for those looking to escape the hustle and bustle of city life. The housing market in Normangee is stable, with a variety of single-family homes available at affordable prices. Bridge loans can help prospective buyers take advantage of these favorable market conditions by providing the necessary funds to secure their dream home without having to wait for their current property to sell. Normangee is home to several main attractions, including the picturesque Hilltop Lakes, perfect for outdoor enthusiasts and nature lovers. The town also hosts the Leon County Expo Center, which offers a range of entertainment options and community events throughout the year, making it an ideal place for residents of all ages.
The Benefits of Bridge Loans in Normangee, Texas
