Get Approved at The Lowest Rate
Navigating the process of buying a new home in Satin, 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 Satin, TX or getting it ready for the market.
Identify the new home you want to buy in Satin, 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 Satin, 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 Satin, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Satin, 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 Satin, 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 Satin, 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 Satin, 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 Satin, 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 Satin, Texas offer numerous benefits for homebuyers. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This allows flexibility and quick access to funds, enabling buyers to secure their dream home without the need to wait for their existing property to sell. Demographically, Satin, Texas, boasts a diverse population with a strong sense of community. The area is known for its friendly residents and welcoming atmosphere. The town has a mix of families, retirees, and young professionals, making it a great place for people from all walks of life to call home. When it comes to the housing market in Satin, Texas, the area offers a range of housing options to suit every budget and lifestyle. From cozy single-family homes to spacious estates, there is something for everyone. The market is stable, with steady appreciation rates, making it a sound investment for homebuyers. Main attractions in Satin, Texas, include the picturesque parks and nature reserves that offer residents and visitors a tranquil escape from the hustle and bustle of city life. Additionally, the town is known for its charming downtown area, filled with unique shops, restaurants, and cultural attractions that showcase the town's rich history and vibrant community.
Benefits of Bridge Loans in Satin, Texas
