Get Approved at The Lowest Rate
Navigating the process of buying a new home in Poth, 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 Poth, TX or getting it ready for the market.
Identify the new home you want to buy in Poth, 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 Poth, 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 Poth, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Poth, 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 Poth, 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 Poth, 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 Poth, 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 Poth, 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 Poth, Texas offer numerous benefits to borrowers. These short-term loans provide quick financing to bridge the gap between the purchase of a new property and the sale of an existing one. This flexibility enables homeowners to secure their dream home without worrying about contingent offers or delays in the selling process. Poth, Texas, is a quaint town with a population of approximately 2,000 residents. The community boasts a strong sense of neighborly spirit and a low crime rate, making it an attractive place for families and retirees. The town is known for its excellent schools and access to outdoor recreational activities, such as hiking and fishing. The housing market in Poth, Texas, is stable with a median home price of $200,000. The market offers a mix of single-family homes and ranch-style properties. Bridge loans provide buyers with the flexibility to secure a property in this competitive market while waiting for their current home to sell, ensuring a smooth transition without missing out on their ideal home. Some of the main attractions in Poth, Texas, include the Poth Heritage Museum, showcasing the town's history, and the beautiful River Park, perfect for picnics and family outings. Residents also enjoy easy access to nearby shopping and dining options, making Poth a desirable place to call home.
Benefits of Bridge Loans in Poth, Texas
