Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sidney, 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 Sidney, TX or getting it ready for the market.
Identify the new home you want to buy in Sidney, 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 Sidney, 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 Sidney, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sidney, 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 Sidney, 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 Sidney, 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 Sidney, 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 Sidney, 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 a convenient short-term financing solution for homeowners in Sidney, Texas, enabling them to bridge the gap between the purchase of a new home and the sale of their current property. This financial tool provides the flexibility and liquidity needed to secure a new home quickly, without being contingent on selling the existing property first. Sidney, Texas, is a vibrant and growing community with a diverse population. The town boasts a strong sense of community and a range of amenities, making it an ideal place to live and raise a family. With a mix of rural charm and urban convenience, Sidney offers residents a high quality of life and a close-knit neighborhood feel. The housing market in Sidney, Texas, is dynamic and competitive, with a mix of property types ranging from quaint single-family homes to modern condominiums. The market offers opportunities for both buyers and sellers, with a steady demand for housing and a range of prices to suit various budgets. Whether you are looking for a starter home or a luxury property, Sidney has options to meet your needs.
Benefits of Bridge Loans in Sidney, Texas
