Get Approved at The Lowest Rate
Navigating the process of buying a new home in Purmela, 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 Purmela, TX or getting it ready for the market.
Identify the new home you want to buy in Purmela, 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 Purmela, 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 Purmela, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Purmela, 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 Purmela, 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 Purmela, 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 Purmela, 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 Purmela, 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 offer the opportunity for homeowners in Purmela, Texas, to bridge the financial gap between the purchase of a new home and the sale of their current property. This can be especially beneficial in a competitive real estate market, allowing buyers to secure their dream home without being contingent on selling their existing one. Demographics in Purmela, Texas, show a community with a diverse population mix, including families, young professionals, and retirees. The area boasts a strong sense of community and a range of local amenities, making it an attractive place to live for individuals and families of all ages. The housing market in Purmela, Texas, is experiencing steady growth, with a healthy balance between supply and demand. The availability of bridge loans has further stimulated the market by providing flexibility for buyers and sellers alike, leading to increased activity and property values. Main attractions in Purmela, Texas, include scenic parks, historic landmarks, and cultural events that appeal to residents and visitors alike. With its charming small-town atmosphere and proximity to larger cities, Purmela offers a unique blend of rural tranquility and urban convenience.
The Benefits of Bridge Loans in Purmela, Texas
