Get Approved at The Lowest Rate
Navigating the process of buying a new home in Yorktown, 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 Yorktown, TX or getting it ready for the market.
Identify the new home you want to buy in Yorktown, 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 Yorktown, 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 Yorktown, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Yorktown, 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 Yorktown, 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 Yorktown, 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 Yorktown, 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 Yorktown, 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 Yorktown, Texas offer a valuable financing solution for homeowners looking to bridge the gap between the purchase of a new home and the sale of their existing property. These short-term loans provide the flexibility and financial support needed to secure a new home without having to wait for the sale of the old one. Yorktown, Texas, with a population of approximately 2,000 residents, boasts a diverse community with a rich cultural heritage. The town is known for its historic sites, including the Yorktown Museum and the Yorktown Historical Center, which attract both tourists and history enthusiasts. The housing market in Yorktown, Texas, offers a mix of historic homes and modern properties, catering to various preferences and budgets. With a stable and growing real estate market, the town presents opportunities for both homebuyers and investors looking to capitalize on the area's potential for appreciation. Some of the main attractions in Yorktown include the Eckhardt-Gramatté Conservatory of Music, known for its cultural events and performances, as well as the scenic Yorktown Riverfront Park, offering outdoor recreational activities and stunning views of the surrounding landscape.
Benefits of Bridge Loans in Yorktown, Texas
