Get Approved at The Lowest Rate
Navigating the process of buying a new home in Premont, 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 Premont, TX or getting it ready for the market.
Identify the new home you want to buy in Premont, 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 Premont, 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 Premont, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Premont, 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 Premont, 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 Premont, 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 Premont, 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 Premont, 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!
Benefits: Bridge loans in Premont, Texas provide a crucial financial bridge for homeowners looking to purchase a new home before selling their current one. This short-term financing option allows for quick access to funds, enabling buyers to secure their dream home without delays. Demographics: Premont, Texas, is a vibrant community with a population of approximately X residents. The town boasts a diverse population, with a mix of cultures and backgrounds contributing to its rich tapestry of community life. Housing Market: The housing market in Premont, Texas, offers a variety of options for prospective buyers. With a range of single-family homes, townhouses, and apartments, there is something for everyone in this growing real estate market. Main Attractions: Premont is known for its stunning natural beauty, with attractions such as the scenic XYZ Park and the historic XYZ Museum drawing visitors and residents alike. Additionally, the town hosts regular events and festivals celebrating its unique culture and heritage.
Benefits of Bridge Loans in Premont, Texas
