Get Approved at The Lowest Rate
Navigating the process of buying a new home in Belmont, 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 Belmont, TX or getting it ready for the market.
Identify the new home you want to buy in Belmont, 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 Belmont, 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 Belmont, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Belmont, 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 Belmont, 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 Belmont, 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 Belmont, 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 Belmont, 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 Belmont, Texas offer a convenient short-term financing option for homeowners looking to bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide quick access to funds, allowing for smoother transitions during real estate transactions. Belmont, Texas, with a population of around 1,500, boasts a diverse community with a mix of professionals, families, and retirees. The town's charming small-town feel, coupled with its proximity to urban centers like Austin, makes it an attractive place to live for those seeking a quiet retreat with easy access to city amenities. The housing market in Belmont, Texas, is characterized by a mix of historic homes and newer developments. With a median home price below the state average, Belmont offers affordable housing options for first-time buyers and those looking to invest in the real estate market. The market has shown steady growth in recent years, making it a promising location for property investment. Some main attractions in Belmont include the picturesque town square, local parks and trails, and community events that celebrate the town's rich history and culture. Residents can enjoy outdoor activities, shopping, and dining in a welcoming and vibrant environment.
Benefits of Bridge Loans in Belmont, Texas
