Get Approved at The Lowest Rate
Navigating the process of buying a new home in White Oak, 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 White Oak, TX or getting it ready for the market.
Identify the new home you want to buy in White Oak, 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 White Oak, 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 White Oak, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in White Oak, 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 White Oak, 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 White Oak, 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 White Oak, 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 White Oak, 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 White Oak, Texas offer the benefit of providing homeowners with short-term financing to bridge the gap between the purchase of a new home and the sale of their existing one. This allows individuals to secure their new property without having to wait for their old one to sell. Additionally, these loans typically have quick approval processes, making them ideal for those looking for timely funding. Demographics: White Oak, Texas, is a charming town with a population of approximately 7,500 residents. The community is known for its friendly atmosphere and tight-knit neighborhood feel. The town has a mix of residents from various age groups, making it a diverse and welcoming place to live. Housing Market: The housing market in White Oak, Texas, is currently experiencing steady growth, with an increase in demand for both buying and renting properties. The town offers a range of housing options, from single-family homes to apartments, catering to different preferences and budgets. Main Attractions: White Oak is home to several attractions, including beautiful parks, local cafes, and historical sites. Residents can enjoy outdoor activities like hiking and fishing in the nearby parks or explore the town's rich history through its museums and landmarks.
Benefits of Bridge Loans in White Oak, Texas
