Get Approved at The Lowest Rate
Navigating the process of buying a new home in Van Alstyne, 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 Van Alstyne, TX or getting it ready for the market.
Identify the new home you want to buy in Van Alstyne, 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 Van Alstyne, 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 Van Alstyne, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Van Alstyne, 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 Van Alstyne, 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 Van Alstyne, 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 Van Alstyne, 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 Van Alstyne, 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 offer immediate financing for homeowners, allowing them to bridge the gap between the purchase of a new home and the sale of their current one. This enables buyers in Van Alstyne to move quickly and secure their dream home without waiting for their current property to sell. Demographics: Van Alstyne, Texas, has a population of approximately X, with a median household income of Y. The town boasts a diverse community with a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. Housing Market: The housing market in Van Alstyne is thriving, with a range of properties available to suit various budgets and preferences. The town offers a mix of historic homes and modern developments, making it an attractive location for buyers looking for a charming yet convenient place to live. Main Attractions: Van Alstyne is known for its quaint downtown area, featuring local shops, restaurants, and community events. Additionally, residents can enjoy outdoor activities at the nearby parks and recreation areas, providing a perfect balance of small-town charm and recreational opportunities.
Benefits of Bridge Loans in Van Alstyne, Texas