Get Approved at The Lowest Rate
Navigating the process of buying a new home in Roans Prairie, 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 Roans Prairie, TX or getting it ready for the market.
Identify the new home you want to buy in Roans Prairie, 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 Roans Prairie, 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 Roans Prairie, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roans Prairie, 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 Roans Prairie, 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 Roans Prairie, 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 Roans Prairie, 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 Roans Prairie, 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 financial solution for individuals in Roans Prairie, Texas, looking to purchase a new home before selling their existing property. This type of loan provides interim financing, allowing buyers to quickly secure a new property without having to wait for their current home to sell. It can be particularly useful in competitive markets where delays can lead to missed opportunities. The demographics of Roans Prairie reflect a diverse and thriving community. With a mix of young professionals, families, and retirees, the area offers a vibrant and inclusive environment for residents. The town's population enjoys a strong sense of community spirit and support, making it an ideal place to settle down and invest in real estate. In terms of the housing market, Roans Prairie presents an attractive landscape for both buyers and sellers. The market is characterized by a steady demand for properties, with a variety of housing options available to suit different preferences and budgets. With competitive pricing and favorable interest rates, now is a great time to explore the opportunities in Roans Prairie's real estate market. Roans Prairie boasts a range of main attractions that cater to residents and visitors alike. From scenic parks and outdoor recreational areas to cultural landmarks and local festivals, the town offers a rich tapestry of experiences for all ages. Whether you're interested in exploring nature, learning about local history, or sampling delicious cuisine, Roans Prairie has something for everyone.
Benefits of Bridge Loans in Roans Prairie, Texas
