Get Approved at The Lowest Rate
Navigating the process of buying a new home in Robert Lee, 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 Robert Lee, TX or getting it ready for the market.
Identify the new home you want to buy in Robert Lee, 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 Robert Lee, 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 Robert Lee, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Robert Lee, 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 Robert Lee, 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 Robert Lee, 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 Robert Lee, 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 Robert Lee, 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 Robert Lee, Texas offer borrowers the flexibility to secure short-term financing while transitioning between the sale of their current home and the purchase of a new one. These loans provide immediate funds to cover the down payment on a new property, avoiding the need to wait for the sale of the existing home. Demographically, Robert Lee, Texas, is a small town with a population of approximately 1,049 residents. The community has a mix of age groups, with a median age of 39 years. The town has a close-knit feel, making it an ideal place for families and retirees looking for a peaceful environment to call home. In terms of the housing market, Robert Lee offers a range of affordable housing options, with a median home value of $79,500. The market is stable, with a steady increase in property values over the past few years. The availability of bridge loans makes it easier for residents to seize real estate opportunities and invest in their dream homes. Main attractions in Robert Lee include the historic Coke County Courthouse, which showcases stunning architecture and serves as a focal point for community events. The nearby E.V. Spence Reservoir attracts outdoor enthusiasts with opportunities for fishing, boating, and camping, making it a popular destination for residents and visitors alike.
Bridge Loans in Robert Lee, Texas
