Get Approved at The Lowest Rate
Navigating the process of buying a new home in Seagoville, 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 Seagoville, TX or getting it ready for the market.
Identify the new home you want to buy in Seagoville, 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 Seagoville, 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 Seagoville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seagoville, 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 Seagoville, 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 Seagoville, 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 Seagoville, 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 Seagoville, 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 Seagoville, Texas offer a convenient financing option for individuals looking to purchase a new home before selling their current one. This type of loan provides short-term funding to cover the down payment and closing costs, allowing the borrower to secure their new property quickly. Demographics in Seagoville, Texas show a diverse community with a population of approximately 16,000 residents. The city has a mix of young families, professionals, and retirees, creating a vibrant and inclusive atmosphere. Seagoville's residents value community involvement and take pride in their city's rich history. The housing market in Seagoville, Texas is competitive yet affordable, making it an attractive location for both first-time homebuyers and seasoned investors. With a variety of housing options ranging from single-family homes to townhouses, Seagoville offers something for every budget and preference.
Benefits of Bridge Loans in Seagoville, Texas
