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Navigating the process of buying a new home in Axtell, 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 Axtell, TX or getting it ready for the market.
Identify the new home you want to buy in Axtell, 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 Axtell, 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 Axtell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Axtell, 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 Axtell, 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 Axtell, 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 Axtell, 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 Axtell, 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 Axtell, Texas offer a unique financing solution for those looking to purchase a new property before selling their current one. These loans provide a short-term financial bridge, allowing individuals to secure a new home without being contingent on the sale of their existing property. Demographically, Axtell is a small, tight-knit community located in McLennan County, Texas. With a population of approximately 2,500 residents, Axtell offers a quiet and peaceful environment, making it an ideal place for families and retirees looking to settle down. In terms of the housing market, Axtell presents diverse options ranging from single-family homes to sprawling ranch properties. The housing market in Axtell is characterized by affordable prices and a mix of traditional and modern architectural styles, catering to different preferences and budgets. Some main attractions in Axtell include the historic Axtell High School, known for its iconic architecture and rich heritage. The local parks and recreational areas provide ample opportunities for outdoor activities, while the vibrant community events foster a strong sense of belonging among residents.
Benefits of Bridge Loans in Axtell, Texas