Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sumner, 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 Sumner, TX or getting it ready for the market.
Identify the new home you want to buy in Sumner, 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 Sumner, 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 Sumner, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sumner, 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 Sumner, 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 Sumner, 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 Sumner, 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 Sumner, 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 Sumner, Texas offer a quick financing solution for homebuyers, allowing them to purchase a new home before selling their current one. This can prevent the need for temporary housing and the stress of coordinating two separate moves. Demographics in Sumner, Texas show a diverse community with a mix of families, young professionals, and retirees. The area boasts a strong sense of community and pride, making it an attractive location for those seeking a tight-knit neighborhood feel. The housing market in Sumner, Texas is currently experiencing steady growth, with property values appreciating over the past few years. Bridge loans can help buyers take advantage of the market by securing their new home quickly without waiting for their existing property to sell. Main attractions in Sumner, Texas include the picturesque Sumner Lake State Park, offering outdoor recreational activities such as fishing, hiking, and camping. Residents also enjoy easy access to nearby shopping centers, restaurants, and cultural venues.
Benefits of Bridge Loans in Sumner, Texas
