Get Approved at The Lowest Rate
Navigating the process of buying a new home in South Houston, 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 South Houston, TX or getting it ready for the market.
Identify the new home you want to buy in South Houston, 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 South Houston, 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 South Houston, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in South Houston, 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 South Houston, 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 South Houston, 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 South Houston, 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 South Houston, 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 in South Houston, Texas, looking to purchase a new home before selling their existing one. These loans provide flexibility and quick access to funds, allowing borrowers to seize opportunities without having to wait for their current property to sell. South Houston, Texas, boasts a diverse population with a strong sense of community. The area is home to a mix of young professionals, families, and retirees, creating a vibrant and welcoming atmosphere. The local demographics reflect a blend of cultures and backgrounds, enriching the social fabric of the neighborhood. The housing market in South Houston is dynamic, offering a range of property options to suit different preferences and budgets. From cozy single-family homes to modern condominiums, there is something for everyone in this thriving real estate market. Bridge loans can help buyers take advantage of favorable market conditions and secure their dream home. Aside from its housing market, South Houston features several main attractions that make it a desirable place to live. The area is known for its beautiful parks, excellent schools, and diverse dining options. Residents can enjoy a high quality of life with easy access to shopping, entertainment, and outdoor activities.
Benefits of Bridge Loans in South Houston, Texas
