Get Approved at The Lowest Rate
Navigating the process of buying a new home in Prairie View, 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 Prairie View, TX or getting it ready for the market.
Identify the new home you want to buy in Prairie View, 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 Prairie View, 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 Prairie View, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Prairie View, 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 Prairie View, 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 Prairie View, 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 Prairie View, 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 Prairie View, 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 Prairie View, Texas offer a convenient financing option for homebuyers looking to purchase a new home before their existing one is sold. This type of loan helps bridge the financial gap between the sale of a current property and the purchase of a new one, providing liquidity and flexibility to the borrower. Prairie View, Texas, is a diverse and vibrant community with a population that includes a mix of young professionals, families, and students attending Prairie View A&M University. The town's demographics reflect a blend of cultures and backgrounds, making it a welcoming and inclusive place to live. The housing market in Prairie View, Texas, offers a range of options for homebuyers, from historic properties to modern developments. With steady appreciation rates and a variety of amenities, Prairie View presents an attractive opportunity for real estate investment and homeownership.
Benefits of Bridge Loans in Prairie View, Texas
