Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rye, 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 Rye, TX or getting it ready for the market.
Identify the new home you want to buy in Rye, 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 Rye, 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 Rye, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rye, 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 Rye, 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 Rye, 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 Rye, 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 Rye, 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 quick financing solutions for individuals looking to buy a new home before selling their current one. In Rye, Texas, these loans can help facilitate a seamless transition without the pressure of a tight timeline. Demographics Rye, Texas, is a charming town with a population that primarily consists of families and retirees. The community is known for its friendly atmosphere and strong sense of belonging, making it an ideal place for those seeking a close-knit environment. Housing Market The housing market in Rye, Texas, offers diverse options ranging from cozy single-family homes to spacious ranch properties. With the help of bridge loans, potential buyers can access a variety of housing choices and secure their dream home quickly. Main Attractions Discover the beauty of the nearby Sam Houston National Forest, perfect for outdoor enthusiasts. Rye is also close to Lake Livingston, offering water activities and scenic views. Additionally, the town boasts local shops, eateries, and community events that add to its charm.
The Benefits of Bridge Loans in Rye, Texas
