Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bardwell, 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 Bardwell, TX or getting it ready for the market.
Identify the new home you want to buy in Bardwell, 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 Bardwell, 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 Bardwell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bardwell, 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 Bardwell, 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 Bardwell, 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 Bardwell, 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 Bardwell, 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 Bardwell, Texas offer numerous benefits for homebuyers. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This enables buyers to secure their new property quickly without being contingent on selling their existing home first, facilitating a seamless transition. Bardwell, Texas, located in Ellis County, has a population that appreciates the quiet, rural lifestyle while still having convenient access to the amenities of nearby cities. The town boasts a strong sense of community, excellent schools, and a low crime rate, making it an ideal place for families and retirees alike. The housing market in Bardwell offers a mix of charming historic homes and modern new constructions. With a relatively stable market, competitive prices, and a variety of housing options, Bardwell presents opportunities for both first-time buyers and experienced investors looking for a promising real estate market. While in Bardwell, residents and visitors can enjoy exploring the historic downtown area, visiting local parks and nature reserves, and participating in community events. The town's proximity to Bardwell Lake also provides opportunities for outdoor activities such as fishing, boating, and picnicking, making it a great place to live for nature enthusiasts.
Bridge Loans in Bardwell, Texas
