Get Approved at The Lowest Rate
Navigating the process of buying a new home in Streetman, 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 Streetman, TX or getting it ready for the market.
Identify the new home you want to buy in Streetman, 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 Streetman, 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 Streetman, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Streetman, 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 Streetman, 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 Streetman, 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 Streetman, 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 Streetman, 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 Streetman, Texas offer numerous benefits to homeowners and real estate investors. These short-term loans provide quick access to funds during the transition between the purchase of a new home and the sale of an existing property. With flexible terms and fast approval processes, bridge loans can help bridge the gap and secure the desired property without having to wait for the sale of the current home. Demographically, Streetman, Texas, is a small but vibrant community located in Navarro County. The town has a population of around 2000 residents and offers a peaceful rural lifestyle with easy access to larger cities like Dallas and Houston. With a mix of families, retirees, and young professionals, Streetman boasts a tight-knit community feel and a range of local amenities. The housing market in Streetman, Texas, is dynamic and diverse, offering a mix of historic homes, modern developments, and expansive rural properties. The market is characterized by affordable pricing, low inventory levels, and steady appreciation rates. Whether you are looking for a cozy family home, a waterfront property, or a spacious ranch, Streetman has options to suit every taste and budget. Some of the main attractions in Streetman include Richland Chambers Lake, the third-largest lake in Texas, known for its fishing, boating, and recreational activities. The town also features quaint shops, local eateries, and community events that showcase the area's charm and culture. With its natural beauty and friendly atmosphere, Streetman is a hidden gem waiting to be explored.
Bridge Loans in Streetman, Texas
