Get Approved at The Lowest Rate
Navigating the process of buying a new home in Seminole, 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 Seminole, TX or getting it ready for the market.
Identify the new home you want to buy in Seminole, 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 Seminole, 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 Seminole, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seminole, 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 Seminole, 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 Seminole, 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 Seminole, 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 Seminole, 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 Seminole, Texas offer individuals the advantage of securing funds quickly for a down payment on a new home before selling their current property. This temporary financing solution helps bridge the gap between buying a new home and selling the old one, preventing you from missing out on your dream home. Demographically, Seminole, Texas, is a vibrant community with a population primarily comprised of hardworking families and professionals. The city boasts a diverse culture, with friendly residents who take pride in their tight-knit community. The area is known for its strong work ethic and family-oriented values. When it comes to the housing market in Seminole, Texas, there is a range of options available to prospective buyers. Whether you are looking for a cozy single-family home or a spacious multi-bedroom property, Seminole has something for everyone. The market is relatively stable, with competitive prices and a variety of homes to suit different tastes and budgets. Main attractions in Seminole, Texas, include the picturesque El Verde Park, perfect for outdoor activities and family picnics. The city also offers charming local shops and restaurants, giving residents a taste of small-town living with modern conveniences. With its welcoming community and range of amenities, Seminole is a great place to call home.
Benefits of Bridge Loans in Seminole, Texas
