Get Approved at The Lowest Rate
Navigating the process of buying a new home in Port Neches, 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 Port Neches, TX or getting it ready for the market.
Identify the new home you want to buy in Port Neches, 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 Port Neches, 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 Port Neches, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port Neches, 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 Port Neches, 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 Port Neches, 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 Port Neches, 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 Port Neches, 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 Port Neches, Texas offer numerous benefits for homeowners, including quick access to funds for buying a new home before selling the current one. These short-term loans provide financial flexibility and alleviate the pressure of timing constraints often associated with home purchases. Port Neches, Texas, located in Jefferson County, has a population of approximately 13,000 residents. With a median household income above the state average, Port Neches is a thriving community with a mix of families, professionals, and retirees, making it an attractive location for those seeking a bridge loan. The housing market in Port Neches is stable, with a range of housing options available, from single-family homes to waterfront properties. The median home value is competitive, making it an ideal place for real estate investments supported by the growing local economy. Some main attractions in Port Neches include the Riverfront Park, offering scenic views and recreational activities for residents, and the Museum of the Gulf Coast, which showcases the region's rich cultural and historical heritage. Additionally, the city's proximity to the Gulf of Mexico makes it a desirable location for outdoor enthusiasts.
Benefits of Bridge Loans in Port Neches, Texas
