Get Approved at The Lowest Rate
Navigating the process of buying a new home in Umbarger, 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 Umbarger, TX or getting it ready for the market.
Identify the new home you want to buy in Umbarger, 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 Umbarger, 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 Umbarger, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Umbarger, 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 Umbarger, 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 Umbarger, 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 Umbarger, 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 Umbarger, 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 Umbarger, Texas offer a convenient short-term financing solution for individuals or families looking to purchase a new home before selling their current one. These loans provide flexibility and speed in real estate transactions, allowing borrowers to bridge the gap between the sale of their existing property and the purchase of a new one. Demographically, Umbarger, Texas is a small town with a close-knit community. The population is predominantly made up of families and working professionals. The town boasts a low crime rate, excellent schools, and a strong sense of community spirit. In terms of the housing market, Umbarger offers a diverse range of properties at varying price points. The market is stable, making it an attractive option for both buyers and sellers. With the help of bridge loans, individuals can take advantage of the opportunities presented by the current market conditions. Main attractions in Umbarger include the picturesque countryside, ideal for outdoor activities such as hiking and fishing. The town also has a renowned community center, local shops, and restaurants offering a taste of Texan hospitality.
The Benefits of Bridge Loans in Umbarger, Texas
