Get Approved at The Lowest Rate
Navigating the process of buying a new home in Oakville, 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 Oakville, TX or getting it ready for the market.
Identify the new home you want to buy in Oakville, 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 Oakville, 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 Oakville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Oakville, 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 Oakville, 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 Oakville, 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 Oakville, 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 Oakville, 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 Oakville, Texas offer a convenient financing solution for those looking to purchase a new home before selling their current one. This type of loan provides the flexibility to bridge the financial gap between the sale of your existing home and the purchase of a new one, avoiding the need for a contingency offer. Demographically, Oakville, Texas is a charming town with a population that values a close-knit community feel. The residents are diverse, ranging from young families to retirees, creating a blend of different lifestyles and cultures. The town's proximity to schools, healthcare services, and recreational facilities makes it an ideal place to call home. In terms of the housing market, Oakville offers a range of options from historic single-family homes to modern condominiums. The real estate market is stable, with steady appreciation in home values over the years. Bridge loans provide buyers with the opportunity to capitalize on favorable market conditions without waiting for their current property to sell. Some of the main attractions in Oakville include the picturesque town square, lined with local shops and restaurants, perfect for a leisurely afternoon stroll. Outdoor enthusiasts can enjoy the nearby parks and trails, while history buffs can explore the town's rich heritage through its historic landmarks and museums.
The Benefits of Bridge Loans in Oakville, Texas
