Get Approved at The Lowest Rate
Navigating the process of buying a new home in Purdon, 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 Purdon, TX or getting it ready for the market.
Identify the new home you want to buy in Purdon, 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 Purdon, 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 Purdon, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Purdon, 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 Purdon, 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 Purdon, 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 Purdon, 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 Purdon, 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 Purdon, Texas offer a practical solution for homeowners who need short-term financing to purchase a new home before selling their current one. These loans provide flexibility and convenience, allowing individuals to secure funds quickly without having to wait for their existing property to sell. Demographically, Purdon, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The town offers a close-knit community feel, with strong ties between residents and a range of local amenities that cater to individuals of all ages and backgrounds. In terms of the housing market in Purdon, Texas, it is currently experiencing steady growth and increasing demand. Property values are on the rise, making it an attractive investment opportunity for both buyers and sellers. Bridge loans can help facilitate transactions in this competitive market by providing necessary funding for those looking to take advantage of the current trends. Main attractions in Purdon, Texas, include its picturesque countryside, offering outdoor activities such as hiking, fishing, and camping. The town also features charming local stores, restaurants, and cultural events that showcase the vibrant community spirit of this Texan gem.
The Benefits of Bridge Loans in Purdon, Texas
