Get Approved at The Lowest Rate
Navigating the process of buying a new home in Redwater, 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 Redwater, TX or getting it ready for the market.
Identify the new home you want to buy in Redwater, 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 Redwater, 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 Redwater, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Redwater, 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 Redwater, 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 Redwater, 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 Redwater, 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 Redwater, 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 a convenient financing option for individuals looking to purchase a new property before selling their existing one in Redwater, Texas. These loans provide flexibility and quick access to funds, allowing homeowners to bridge the financial gap during the transition period. Redwater, Texas, is a small, tight-knit community with a population that values education and community involvement. The town boasts a diverse demographic, with a mix of families, professionals, and retirees, creating a welcoming and inclusive atmosphere for residents. In terms of the housing market, Redwater offers a range of options from cozy single-family homes to spacious ranch-style properties. The market is stable, with steady appreciation rates, making it an attractive location for both first-time homebuyers and seasoned investors looking to capitalize on the area's growth. While in Redwater, visitors can explore the picturesque nature trails, enjoy local dining options, and immerse themselves in the town's rich history at attractions like the Redwater Historical Museum. The community also hosts regular events and festivals that showcase the vibrant culture and spirit of Redwater, making it a desirable place to live and visit.
The Benefits of Bridge Loans in Redwater, Texas
