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Navigating the process of buying a new home in Splendora, 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 Splendora, TX or getting it ready for the market.
Identify the new home you want to buy in Splendora, 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 Splendora, 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 Splendora, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Splendora, 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 Splendora, 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 Splendora, 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 Splendora, 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 Splendora, 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 Splendora, Texas offer numerous benefits to homeowners and property investors. These short-term loans provide quick financing to bridge the gap between the purchase of a new property and the sale of an existing one, helping in securing the new property without delays. Splendora, Texas, a small town located in Montgomery County, has a population that offers a close-knit community feel with access to urban amenities. The town is known for its family-friendly environment, excellent schools, and affordable cost of living, making it an attractive place for families and individuals looking to settle down. The housing market in Splendora, Texas, is currently experiencing growth with an increasing demand for properties. The median home prices are still relatively affordable compared to nearby urban areas, making it an ideal location for first-time homebuyers and investors looking for potential growth in property value. Some of the main attractions in Splendora include the Peach Creek Vineyards, a popular spot for wine enthusiasts, and the Peach Creek Ranch, where visitors can enjoy outdoor activities like fishing and camping. The town also hosts community events and festivals that showcase the local culture and heritage.
Bridge Loans in Splendora, Texas
