Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tennessee Colony, 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 Tennessee Colony, TX or getting it ready for the market.
Identify the new home you want to buy in Tennessee Colony, 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 Tennessee Colony, 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 Tennessee Colony, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tennessee Colony, 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 Tennessee Colony, 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 Tennessee Colony, 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 Tennessee Colony, 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 Tennessee Colony, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions for individuals looking to buy a new home before selling their existing one. In Tennessee Colony, these loans can help buyers secure their dream homes without waiting for their current property to sell. Demographics: Tennessee Colony has a diverse population with a mix of families, retirees, and young professionals. The community values a close-knit environment and offers a peaceful suburban lifestyle. Housing Market: Tennessee Colony's housing market is dynamic, with a range of property types to choose from. Bridge loans can provide buyers with the flexibility to act quickly in this competitive market, ensuring they don't miss out on desirable properties. Main Attractions: Tennessee Colony boasts scenic parks, nature trails, and local attractions that appeal to outdoor enthusiasts. Residents can enjoy a relaxed pace of life while still being within reach of urban amenities.
Bridge Loans in Tennessee Colony, Texas
