Get Approved at The Lowest Rate
Navigating the process of buying a new home in Port O Connor, 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 O Connor, TX or getting it ready for the market.
Identify the new home you want to buy in Port O Connor, 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 O Connor, 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 O Connor, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port O Connor, 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 O Connor, 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 O Connor, 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 O Connor, 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 O Connor, 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 O'Connor provide a valuable financing option for those looking to purchase a new home before selling their existing one. These short-term loans offer quick access to funds, allowing buyers to secure a new property without the stress of timing the sale of their current home. Port O'Connor, Texas, is a charming coastal town with a population that enjoys a mix of retirees, young professionals, and families. The area boasts a vibrant community with access to various outdoor activities such as fishing, boating, and birdwatching, making it an ideal place to live for nature enthusiasts. The housing market in Port O'Connor offers a range of options from cozy waterfront cottages to spacious family homes. With the help of bridge loans, buyers can take advantage of the diverse real estate market in the area, securing their dream home while navigating the sale of their current property.
Benefits of Bridge Loans in Port O'Connor, Texas
