Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pattonville, 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 Pattonville, TX or getting it ready for the market.
Identify the new home you want to buy in Pattonville, 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 Pattonville, 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 Pattonville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pattonville, 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 Pattonville, 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 Pattonville, 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 Pattonville, 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 Pattonville, 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 offer a flexible financing option for homebuyers in Pattonville. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one. They provide quick access to funds, aiding in securing the new property without the need to wait for the old one to sell. Pattonville, Texas, is a charming rural community with a population that values a close-knit community feel. The town boasts a diverse demographic, with a mix of families, retirees, and young professionals. The area's affordable cost of living and low crime rate make it an attractive place to reside. The housing market in Pattonville is stable, offering a range of property options from cozy single-family homes to spacious ranch-style properties. With the help of bridge loans, potential homeowners can take advantage of the favorable market conditions and secure their dream property before selling their current residence. Pattonville is situated near several main attractions, including scenic parks, historical sites, and local eateries. Residents can enjoy outdoor activities such as hiking, fishing, and camping in the surrounding natural landscapes, making it an ideal location for those seeking a peaceful and picturesque lifestyle.
Benefits of Bridge Loans in Pattonville, Texas
