Get Approved at The Lowest Rate
Navigating the process of buying a new home in Village Mills, 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 Village Mills, TX or getting it ready for the market.
Identify the new home you want to buy in Village Mills, 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 Village Mills, 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 Village Mills, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Village Mills, 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 Village Mills, 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 Village Mills, 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 Village Mills, 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 Village Mills, 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 Village Mills, Texas offer a valuable financing option for those looking to bridge the gap between the purchase of a new home and the sale of their current property. These short-term loans provide quick access to funds without the need to wait for the sale of the existing home, allowing buyers to secure their dream home without delays. Demographically, Village Mills, Texas is a charming rural community with a population that enjoys a close-knit environment. The area attracts families and individuals seeking a peaceful and scenic setting away from the hustle and bustle of urban life. Residents here value the community spirit and connection with nature that Village Mills offers. In terms of the housing market, Village Mills presents a mix of residential properties ranging from cozy single-family homes to spacious estates. The market is characterized by affordability and a variety of housing options, making it attractive to a diverse range of homebuyers. The availability of bridge loans further enhances the accessibility of the real estate market in Village Mills. Some of the main attractions in Village Mills include its proximity to the Big Thicket National Preserve, which offers outdoor recreational opportunities such as hiking, camping, and birdwatching. The community also boasts local parks, golf courses, and charming shops and restaurants that contribute to its unique charm and appeal.
The Benefits of Bridge Loans in Village Mills, Texas
