Get Approved at The Lowest Rate
Navigating the process of buying a new home in Slidell, 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 Slidell, TX or getting it ready for the market.
Identify the new home you want to buy in Slidell, 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 Slidell, 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 Slidell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Slidell, 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 Slidell, 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 Slidell, 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 Slidell, 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 Slidell, 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 individuals looking to buy a new home in Slidell, Texas while they are still selling their current property. This allows for a smoother transition between homes without the stress of juggling two mortgages. Demographics: Slidell, Texas is a small, close-knit community with a population of approximately 500 residents. The town has a strong sense of community, making it an ideal place for families and retirees looking for a peaceful environment. Housing Market: Slidell's housing market is characterized by a mix of charming single-family homes and spacious rural properties. The average home price in Slidell is affordable, making it an attractive option for first-time homebuyers and those looking for a friendly neighborhood atmosphere. Main Attractions: Despite its small size, Slidell offers a range of recreational activities such as hiking trails, fishing spots, and local parks. The town's proximity to natural attractions like Lake Ray Roberts makes it a paradise for outdoor enthusiasts.
Benefits of Bridge Loans in Slidell, Texas
