Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orchard, 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 Orchard, TX or getting it ready for the market.
Identify the new home you want to buy in Orchard, 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 Orchard, 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 Orchard, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orchard, 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 Orchard, 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 Orchard, 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 Orchard, 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 Orchard, 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 Orchard, Texas offer numerous advantages to homeowners and real estate investors. These short-term loans provide quick access to funds for purchasing a new property before selling an existing one. By bridging the financial gap, borrowers can avoid missing out on their dream home or investment opportunity. Orchard, Texas, is a thriving community with a diverse population. The town boasts a mix of young families, professionals, and retirees, creating a vibrant and welcoming atmosphere. With top-rated schools and a strong sense of unity, Orchard is an ideal place to raise a family or enjoy a peaceful retirement. The housing market in Orchard, Texas, is robust and offers a variety of options to suit every budget and lifestyle. Whether you are looking for a cozy single-family home or a spacious estate, you can find it in Orchard. With competitive prices and low-interest rates, now is the perfect time to invest in Orchard's real estate market. Orchard, Texas, is home to several main attractions that draw visitors from near and far. From picturesque parks and nature trails to historical landmarks and cultural events, there is always something exciting to explore in Orchard. Whether you enjoy outdoor activities or prefer indoor entertainment, Orchard has something for everyone.
The Benefits of Bridge Loans in Orchard, Texas
