Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rock Island, 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 Rock Island, TX or getting it ready for the market.
Identify the new home you want to buy in Rock Island, 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 Rock Island, 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 Rock Island, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rock Island, 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 Rock Island, 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 Rock Island, 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 Rock Island, 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 Rock Island, 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 way for homebuyers in Rock Island, Texas, to finance the purchase of a new home before selling their current one. This temporary financing solution provides the flexibility needed to secure a new property quickly while avoiding the stress of timing constraints. Demographics Rock Island, Texas, is a vibrant community with a diverse population. The town attracts residents of all ages and backgrounds, creating a welcoming and inclusive environment for families, young professionals, and retirees alike. The strong sense of community in Rock Island fosters connections among its residents, making it a great place to call home. Housing Market The housing market in Rock Island, Texas, offers a range of options for homebuyers, from charming single-family homes to modern condos and townhouses. With competitive prices and low interest rates, now is an excellent time to invest in real estate in Rock Island. Bridge loans can help buyers take advantage of these favorable conditions and secure their dream home. Main Attractions Rock Island boasts a variety of attractions for residents and visitors to enjoy. From scenic parks and recreational facilities to local restaurants and shops, there is always something to discover in this bustling town. The close-knit community organizes events and activities throughout the year, providing ample opportunities for socializing and entertainment.
The Benefits of Bridge Loans in Rock Island, Texas
