Get Approved at The Lowest Rate
Navigating the process of buying a new home in Telferner, 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 Telferner, TX or getting it ready for the market.
Identify the new home you want to buy in Telferner, 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 Telferner, 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 Telferner, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Telferner, 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 Telferner, 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 Telferner, 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 Telferner, 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 Telferner, 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 Telferner can offer a quick and convenient solution for financing the purchase of a new home before selling an existing one. They provide flexibility and speed in real estate transactions, allowing homeowners to secure their new property without waiting for the sale of their current home. Demographics: Telferner, Texas, has a diverse population with a mix of families, professionals, and retirees. The town offers a small-town feel with access to larger cities like Victoria for work and entertainment opportunities. Housing Market: The housing market in Telferner is vibrant, with a range of properties available to suit different budgets and preferences. Bridge loans can help buyers take advantage of favorable market conditions and secure their dream home quickly. Main Attractions: Telferner boasts scenic parks, historical sites, and a welcoming community. Residents enjoy outdoor activities like hiking and fishing, as well as local events and festivals that showcase the town's rich culture and heritage.
Benefits of Bridge Loans in Telferner, Texas
