Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tow, 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 Tow, TX or getting it ready for the market.
Identify the new home you want to buy in Tow, 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 Tow, 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 Tow, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tow, 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 Tow, 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 Tow, 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 Tow, 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 Tow, 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 Tow, Texas offer borrowers the flexibility to purchase a new home before selling their existing property. This can be beneficial in a competitive market where securing a new home quickly is essential. Demographics in Tow, Texas show a mix of rural and suburban living with a strong sense of community. The population consists of diverse backgrounds with a median household income that supports a healthy housing market. The housing market in Tow, Texas is stable with a variety of property types available. Bridge loans provide buyers with the opportunity to move quickly on desirable homes, contributing to a vibrant real estate environment. Main attractions in Tow, Texas include the scenic Lake Buchanan, perfect for fishing and boating enthusiasts. Additionally, the proximity to state parks and outdoor recreational activities makes it an ideal location for nature lovers and outdoor adventurers.
Benefits of Bridge Loans in Tow, Texas
