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Navigating the process of buying a new home in Silsbee, 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 Silsbee, TX or getting it ready for the market.
Identify the new home you want to buy in Silsbee, 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 Silsbee, 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 Silsbee, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Silsbee, 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 Silsbee, 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 Silsbee, 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 Silsbee, 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 Silsbee, 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 Silsbee, Texas offer numerous advantages for homeowners. They provide quick access to funds to bridge the gap between buying a new home and selling the current one, enabling a seamless transition without the stress of a housing overlap. Demographics Silsbee, Texas, is a charming small town located in Hardin County with a population of approximately 7,000 residents. The town boasts a mix of families, young professionals, and retirees, creating a close-knit community atmosphere. Housing Market The housing market in Silsbee, Texas, is stable with a diverse range of properties including single-family homes, townhouses, and rural estates. Home values have been steadily appreciating, making it a favorable market for both buyers and sellers. Main Attractions Silsbee offers a range of recreational activities, including hiking in the nearby Big Thicket National Preserve, fishing and boating in Village Creek State Park, and exploring the local museums and antique shops. The town's historic downtown area also features quaint boutiques and restaurants for residents to enjoy.
Benefits of Bridge Loans in Silsbee, Texas
