Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bartlett, 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 Bartlett, TX or getting it ready for the market.
Identify the new home you want to buy in Bartlett, 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 Bartlett, 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 Bartlett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, Texas offer a crucial financial tool for homebuyers by providing short-term financing to bridge the gap between selling a current home and buying a new one. This type of loan can help homeowners secure their dream home without the stress of aligning closings or the need for a contingency offer. Bartlett, Texas, situated in Williamson County, has a population of approximately 1,500 residents. The town boasts a diverse community with a mix of families and retirees. The median household income is around the national average, making it an attractive and affordable place to live. The housing market in Bartlett is characterized by a mix of historic homes, charming bungalows, and new constructions. The median home value is below the state average, making it an ideal location for first-time homebuyers or those looking for more affordable housing options in the thriving Texas real estate market. Some of the main attractions in Bartlett include the Bartlett Activities Center, offering various sports facilities and community events, as well as the historic downtown area with quaint shops and restaurants. Outdoor enthusiasts can explore the nearby Lake Granger for fishing and boating activities.
Benefits of Bridge Loans in Bartlett, Texas
