Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orange Grove, 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 Orange Grove, TX or getting it ready for the market.
Identify the new home you want to buy in Orange Grove, 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 Orange Grove, 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 Orange Grove, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orange Grove, 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 Orange Grove, 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 Orange Grove, 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 Orange Grove, 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 Orange Grove, 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 Orange Grove, Texas offer numerous benefits to homebuyers. These short-term loans provide quick financing to purchase a new property before selling the current one, helping to bridge the financial gap. They are ideal for those looking to secure their dream home without the stress of timing the sale of their existing property. Demographically, Orange Grove has a population of around 1,200 residents, offering a close-knit community feel. The town boasts a diverse population, with a mix of families, young professionals, and retirees. The area's low crime rates and excellent schools make it an attractive choice for those looking for a safe and welcoming place to live. The housing market in Orange Grove is relatively stable, with a median home value of $150,000. The market is characterized by a mix of single-family homes, townhouses, and apartments, providing options for various budgets and preferences. Bridge loans can help buyers take advantage of the market by providing flexible financing options. When in Orange Grove, be sure to visit the Grove Museum, which offers a glimpse into the town's history. The nearby Lake Corpus Christi State Park is popular for outdoor activities like camping, fishing, and hiking. Additionally, the town hosts various community events throughout the year, fostering a strong sense of belonging among residents.
Bridge Loans in Orange Grove, Texas
