Get Approved at The Lowest Rate
Navigating the process of buying a new home in Peaster, 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 Peaster, TX or getting it ready for the market.
Identify the new home you want to buy in Peaster, 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 Peaster, 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 Peaster, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Peaster, 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 Peaster, 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 Peaster, 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 Peaster, 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 Peaster, 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 Peaster, Texas offer numerous benefits to both homebuyers and sellers. These short-term loans can provide quick financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can help clients secure their dream home without having to wait for their current property to sell, avoiding the inconvenience of temporary housing arrangements. Peaster, Texas, a charming rural community located in Parker County, boasts a population of approximately 1,000 residents. With a median household income above the national average, Peaster offers a mix of small-town charm and a tight-knit community feel, making it an ideal place to settle down and raise a family. The housing market in Peaster is thriving, with a diverse range of properties available to suit various budgets and preferences. The market is stable, with steady appreciation rates, making it an attractive option for both first-time homebuyers and seasoned investors looking to capitalize on the area's growth potential. Peaster, Texas is known for its picturesque landscapes, outdoor recreational opportunities, and friendly community atmosphere. Residents and visitors can enjoy attractions such as the Peaster Vineyards, the Peaster Market Days, and the Peaster Rodeo, which showcase the rich cultural heritage and vibrant community spirit of the area.
Bridge Loans in Peaster, Texas
