Get Approved at The Lowest Rate
Navigating the process of buying a new home in Barnhart, 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 Barnhart, TX or getting it ready for the market.
Identify the new home you want to buy in Barnhart, 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 Barnhart, 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 Barnhart, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Barnhart, 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 Barnhart, 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 Barnhart, 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 Barnhart, 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 Barnhart, 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 offer a vital financial solution for those looking to buy a new home before selling their current one. Especially in fast-paced real estate markets like Barnhart, Texas, bridge loans provide the flexibility to secure a new property without the burden of waiting for the old one to sell. This helps buyers act quickly and negotiate better deals. Demographically, Barnhart, Texas, is a small but growing community with a population that values the close-knit neighborhood feel. With a diverse mix of families and professionals, the town offers a welcoming environment for new residents. The median age is relatively young, reflecting a dynamic and vibrant community. In terms of the housing market, Barnhart, Texas, boasts a healthy and competitive real estate sector. The market is characterized by a steady increase in property values, making it an attractive location for both buyers and sellers. With a range of housing options available, from cozy single-family homes to modern townhouses, there is something for everyone's preference. Some of the main attractions in Barnhart, Texas, include its beautiful parks and outdoor recreational areas. Residents can enjoy activities such as hiking, fishing, and picnicking in the town's scenic surroundings. Additionally, the community hosts regular events and festivals that promote a sense of togetherness and celebration among its residents.
Benefits of Bridge Loans in Barnhart, Texas
