Get Approved at The Lowest Rate
Navigating the process of buying a new home in Placedo, 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 Placedo, TX or getting it ready for the market.
Identify the new home you want to buy in Placedo, 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 Placedo, 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 Placedo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Placedo, 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 Placedo, 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 Placedo, 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 Placedo, 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 Placedo, 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 Placedo, Texas offer flexibility in financing, allowing homeowners to "bridge" the gap between the purchase of a new home and the sale of their current property. This can be particularly beneficial in competitive real estate markets where securing a new home is time-sensitive. Placedo, Texas, with a population of approximately 700 residents, offers a tight-knit community feel. The area boasts a mix of suburban and rural living, ideal for those seeking a peaceful retreat while still being in proximity to city amenities. The housing market in Placedo is characterized by a mix of traditional single-family homes and newer developments. Bridge loans can help individuals capitalize on investment opportunities or navigate the market's fluctuations with ease. Some main attractions in Placedo include the beautiful Placedo Creek Park, a serene natural space perfect for outdoor activities, and local restaurants offering authentic Texas cuisine. Residents can enjoy a blend of nature and community in this charming town.
Bridge Loans in Placedo, Texas
