Get Approved at The Lowest Rate
Navigating the process of buying a new home in Poynor, 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 Poynor, TX or getting it ready for the market.
Identify the new home you want to buy in Poynor, 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 Poynor, 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 Poynor, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Poynor, 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 Poynor, 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 Poynor, 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 Poynor, 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 Poynor, 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 provide quick financing solutions for homeowners in Poynor, Texas, offering the flexibility to purchase a new home before selling the current one. This allows for seamless transitions without the stress of timing constraints. Poynor, Texas, is a quaint town with a population that values community, offering a peaceful and safe environment for families. The demographics consist of a close-knit community with a mix of young families and retirees enjoying the small-town charm. The housing market in Poynor is stable, with a range of affordable housing options available. Bridge loans can help expedite the buying process, giving residents access to desirable properties before they are snatched up in this competitive market. While in Poynor, residents and visitors can explore outdoor attractions such as the Poynor Community Center, a hub for local events, or take a stroll through the beautiful parks and trails that showcase the town's natural beauty.
Bridge Loans Benefits in Poynor, Texas
