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Navigating the process of buying a new home in Pearland, 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 Pearland, TX or getting it ready for the market.
Identify the new home you want to buy in Pearland, 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 Pearland, 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 Pearland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pearland, 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 Pearland, 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 Pearland, 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 Pearland, 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 Pearland, 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 Pearland, Texas offer a convenient financing solution to homeowners looking to purchase a new property before selling their current home. These loans provide short-term funding to bridge the gap between the sale of the existing home and the purchase of a new one, allowing for a smoother transition without the stress of timing constraints. Pearland, Texas, is a thriving suburban city located just south of Houston. With a diverse population of approximately 122,000 residents, Pearland offers a mix of urban amenities and a suburban feel, making it an attractive location for families and professionals alike. The housing market in Pearland, Texas, is robust, featuring a variety of housing options ranging from single-family homes to townhouses and apartments. The city's real estate market has remained stable over the years, with steady appreciation rates and a strong demand for housing, making it an ideal location for property investment. Some of the main attractions in Pearland include the Shadow Creek Ranch Nature Park, a sprawling green space with walking trails and picnic areas, and the Pearland Town Center, a shopping and dining destination with a vibrant atmosphere. Additionally, residents and visitors can enjoy the local culinary scene, which features a mix of international cuisines and traditional Texas fare.
Bridge Loans in Pearland, Texas