Get Approved at The Lowest Rate
Navigating the process of buying a new home in Riesel, 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 Riesel, TX or getting it ready for the market.
Identify the new home you want to buy in Riesel, 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 Riesel, 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 Riesel, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Riesel, 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 Riesel, 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 Riesel, 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 Riesel, 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 Riesel, 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 Riesel, Texas offer several advantages to homeowners and buyers. These short-term loans provide quick access to funds, allowing individuals to purchase a new home before selling their existing property. This flexibility can help prevent missed opportunities in the competitive housing market. Demographically, Riesel, Texas, is a small yet vibrant community with a population of approximately XXXX residents. The town boasts a family-friendly environment with a strong sense of community. Residents enjoy a low cost of living and access to quality schools, making it an attractive place to raise a family. When it comes to the housing market, Riesel offers a range of options for buyers. With a mix of historic homes and new developments, there is something for everyone. The market is relatively stable, with affordable prices compared to larger cities in Texas, making it a desirable location for both first-time homebuyers and those looking to invest. Main attractions in Riesel include XXXX, XXXX, and XXXX. Whether you enjoy outdoor activities, local events, or exploring historical sites, Riesel has something for everyone. From parks and recreational facilities to community events and cultural attractions, there is always something to do and see in this charming town.
The Benefits of Bridge Loans in Riesel, Texas
