Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bells, 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 Bells, TX or getting it ready for the market.
Identify the new home you want to buy in Bells, 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 Bells, 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 Bells, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bells, 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 Bells, 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 Bells, 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 Bells, 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 Bells, 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 Bells, Texas offer a flexible financing solution for individuals looking to bridge the gap between the purchase of a new home and the sale of their existing property. These short-term loans provide quick access to funds, allowing homeowners to secure their new home without the stress of waiting for their old home to sell. Demographics in Bells, Texas show a diverse community with a mix of young families and retirees. The town offers a close-knit atmosphere, perfect for those seeking a small-town feel with easy access to larger cities like Sherman and Denison. The housing market in Bells, Texas is competitive yet affordable. With a range of housing options from historic homes to new developments, the town provides opportunities for first-time homebuyers and seasoned investors alike. Main attractions in Bells, Texas include the picturesque Bells Park, ideal for outdoor activities and family gatherings. The community also hosts annual events like the Bells Bluegrass Festival, bringing residents together for music and fun.
Bridge Loans in Bells, Texas
