Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pineland, 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 Pineland, TX or getting it ready for the market.
Identify the new home you want to buy in Pineland, 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 Pineland, 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 Pineland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pineland, 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 Pineland, 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 Pineland, 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 Pineland, 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 Pineland, 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 valuable financing option for homebuyers in Pineland, Texas. These short-term loans provide funds to bridge the gap between the purchase of a new home and the sale of a current property. One of the key benefits is the quick access to capital, allowing buyers to secure their new home without having to wait for their old property to sell. Pineland, Texas, is a charming town with a population of approximately 850 residents. The community boasts a diverse mix of people, including families, retirees, and young professionals. The town's proximity to natural landscapes like the Sam Rayburn Reservoir makes it an attractive place to live for outdoor enthusiasts. The housing market in Pineland offers a range of options, from cozy cottages to spacious ranch-style homes. With a median home price below the national average, Pineland presents an affordable housing market for buyers. The town's real estate market has shown steady growth in recent years, making it an attractive location for both first-time homebuyers and investors. Some of the main attractions in Pineland include recreational activities at the Sam Rayburn Reservoir, known for its fishing and boating opportunities. The town also features local parks, golf courses, and community events that showcase the area's vibrant culture. Residents can enjoy a laid-back lifestyle while still having access to modern amenities and conveniences.
The Benefits of Bridge Loans in Pineland, Texas
