Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orangefield, 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 Orangefield, TX or getting it ready for the market.
Identify the new home you want to buy in Orangefield, 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 Orangefield, 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 Orangefield, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orangefield, 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 Orangefield, 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 Orangefield, 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 Orangefield, 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 Orangefield, 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 Orangefield, Texas offer individuals the benefit of providing quick financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can help homeowners secure their dream home without the need to wait for their current property to sell. Demographically, Orangefield is a diverse community with a population that enjoys a strong sense of community. The town has a mix of families, young professionals, and retirees, creating a welcoming and inclusive environment for all residents. In terms of the housing market, Orangefield offers a range of options from cozy single-family homes to spacious estates, catering to various preferences and budgets. The market is stable, with prices remaining relatively affordable compared to neighboring areas, making it an attractive location for first-time buyers and investors alike. Main attractions in Orangefield include scenic parks, recreational areas, and local events that bring the community together. The town's proximity to natural attractions like parks and lakes provides residents with ample opportunities for outdoor activities and relaxation.
Benefits of Bridge Loans in Orangefield, Texas
