Get Approved at The Lowest Rate
Navigating the process of buying a new home in Scottsville, 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 Scottsville, TX or getting it ready for the market.
Identify the new home you want to buy in Scottsville, 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 Scottsville, 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 Scottsville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Scottsville, 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 Scottsville, 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 Scottsville, 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 Scottsville, 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 Scottsville, 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 Scottsville, Texas offer numerous benefits to homebuyers and sellers. One of the primary advantages is the ability to quickly secure financing for a new home before selling an existing property. This can prevent delays in purchasing a new home and ensure a seamless transition for homeowners. Demographically, Scottsville, Texas is a vibrant community with a diverse population. The town is known for its strong sense of community and friendly residents. The area boasts a mix of young families, professionals, and retirees, creating a dynamic and welcoming environment for residents of all ages. The housing market in Scottsville, Texas is robust and offers a wide range of options for buyers and sellers. With a mix of historic homes and new developments, there is something for everyone in Scottsville. The market is stable, making it an attractive location for those looking to invest in real estate. Some main attractions in Scottsville, Texas include the scenic Piney Woods, perfect for outdoor enthusiasts. The town also has a rich history, with historical sites and museums for visitors to explore. Additionally, Scottsville offers a variety of dining and shopping options, making it a great place to live and visit.
Bridge Loans in Scottsville, Texas
