Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ackerly, 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 Ackerly, TX or getting it ready for the market.
Identify the new home you want to buy in Ackerly, 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 Ackerly, 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 Ackerly, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ackerly, 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 Ackerly, 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 Ackerly, 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 Ackerly, 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 Ackerly, 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 Ackerly, Texas offer immediate funds for purchasing a new home while waiting for the sale of an existing property. This helps avoid missing out on a dream home and provides flexibility in real estate transactions. Demographics Ackerly, Texas, has a population of approximately 250 residents, offering a close-knit community feel. The area boasts a diverse demographic mix with a median age of 43 years and a median household income above the national average. The housing market in Ackerly, Texas, is stable with steady appreciation rates. The median home value is around $150,000, making it an affordable option for buyers. Bridge loans provide an excellent solution for buyers looking to capitalize on this value. While small, Ackerly offers a charming rural setting with access to outdoor activities like hiking and fishing. The town also hosts community events such as farmers' markets and festivals, creating a vibrant atmosphere for residents.
Benefits of Bridge Loans in Ackerly, Texas
Housing Market
Main Attractions
