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Navigating the process of buying a new home in Azle, 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 Azle, TX or getting it ready for the market.
Identify the new home you want to buy in Azle, 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 Azle, 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 Azle, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Azle, 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 Azle, 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 Azle, 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 Azle, 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 Azle, 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 Azle, Texas offer numerous benefits to homebuyers. They provide short-term financing that allows buyers to bridge the gap between the purchase of a new home and the sale of their existing one. This flexibility can help secure a new property without having to wait for a traditional sale. Azle, Texas, located in Parker and Tarrant counties, has a population of around 12,700 residents. The town boasts a mix of rural and suburban living, providing a peaceful environment while still being close to the amenities of Fort Worth. The median household income is $58,500, making it an affordable option for families. The housing market in Azle is diverse, offering a range of property types from single-family homes to rural estates. The median home value is $216,000, with steady appreciation rates. Bridge loans can be beneficial in this market to facilitate quick purchases and take advantage of investment opportunities. Some main attractions in Azle include Eagle Mountain Lake, a popular spot for water activities and fishing. The Azle Historical Museum showcases the town's rich history, and the Cross Timbers Trail provides outdoor enthusiasts with hiking and biking opportunities.
Bridge Loans in Azle, Texas
