Get Approved at The Lowest Rate
Navigating the process of buying a new home in Star, 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 Star, TX or getting it ready for the market.
Identify the new home you want to buy in Star, 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 Star, 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 Star, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Star, 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 Star, 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 Star, 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 Star, 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 Star, 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 Star, Texas offer numerous advantages for homeowners and property investors. They provide a short-term financing solution that helps bridge the gap between the purchase of a new property before the sale of an existing one. This flexibility allows borrowers to act quickly in competitive markets, avoid contingent offers, and secure better deals. Star, Texas, boasts a diverse demographic profile, with a mix of young families, professionals, and retirees. The community prides itself on its welcoming atmosphere and strong sense of community. With excellent schools, affordable housing options, and a low cost of living, Star is an attractive location for individuals and families looking for a peaceful yet vibrant place to live. The housing market in Star, Texas, is thriving, with steady appreciation rates and a healthy inventory of homes. Bridge loans can facilitate swift transactions in this dynamic market, allowing buyers to capitalize on investment opportunities and secure their dream homes. The market offers a range of property types, from cozy single-family homes to luxurious estates, catering to various preferences and budgets. Star, Texas, is home to several main attractions that cater to residents and visitors alike. From picturesque parks and recreational facilities to charming downtown shops and restaurants, the city offers a diverse array of entertainment options. Additionally, the local real estate market benefits from proximity to popular landmarks and amenities, contributing to the overall desirability of the area.
Benefits of Bridge Loans in Star, Texas
