Get Approved at The Lowest Rate
Navigating the process of buying a new home in Batesville, 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 Batesville, TX or getting it ready for the market.
Identify the new home you want to buy in Batesville, 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 Batesville, 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 Batesville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Batesville, 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 Batesville, 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 Batesville, 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 Batesville, 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 Batesville, 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!
A bridge loan offers a short-term financing solution for individuals looking to purchase a new home while waiting for their current home to sell. This type of loan provides the flexibility to make a down payment on a new property without the pressure of selling the existing one quickly. Demographically, Batesville, Texas, is a small town with a population of approximately 1,200 residents. The community has a strong sense of unity and a welcoming atmosphere, making it an ideal place to raise a family or retire in a peaceful setting. In terms of the housing market, Batesville offers a variety of affordable housing options, including single-family homes, townhouses, and apartments. The market is stable, with steady appreciation rates, making it a promising investment opportunity for both buyers and sellers. Some main attractions in Batesville include the historic Batesville Park, known for its scenic trails and picnic areas, and the Batesville Country Club, a popular spot for golf enthusiasts. Additionally, the town hosts annual events like the Batesville Rodeo, drawing visitors from nearby areas.
Benefits of Bridge Loans in Batesville, Texas
