Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tomball, 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 Tomball, TX or getting it ready for the market.
Identify the new home you want to buy in Tomball, 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 Tomball, 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 Tomball, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tomball, 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 Tomball, 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 Tomball, 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 Tomball, 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 Tomball, 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 Tomball, Texas offer numerous benefits to homeowners and real estate investors. One of the main advantages is the quick access to funds, allowing for timely property acquisitions or renovations without waiting for traditional financing approval. Furthermore, bridge loans provide flexibility in transitioning from one property to another without being contingent on the sale of the current property. This can be particularly advantageous in competitive real estate markets like Tomball. Bridge loans also offer competitive interest rates and can be tailored to individual financial needs, making them a versatile financing option for various real estate projects in Tomball. Demographics Tomball, Texas, has a diverse demographic profile with a mix of families, professionals, and retirees. The population has been steadily growing, partly due to the city's strong job market and affordable housing options. Housing Market The housing market in Tomball is robust, with a range of properties available from single-family homes to luxury estates. The city offers a variety of neighborhoods to cater to different preferences and budgets, making it an attractive location for both homebuyers and real estate investors. Main Attractions Tomball boasts a charming historic downtown area with boutiques, restaurants, and cultural attractions. Residents and visitors can enjoy outdoor activities at the nearby Spring Creek Park or explore local festivals and events that showcase the city's vibrant community spirit.
Benefits of Bridge Loans in Tomball, Texas
