Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ben Bolt, 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 Ben Bolt, TX or getting it ready for the market.
Identify the new home you want to buy in Ben Bolt, 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 Ben Bolt, 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 Ben Bolt, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ben Bolt, 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 Ben Bolt, 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 Ben Bolt, 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 Ben Bolt, 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 Ben Bolt, 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 Ben Bolt, Texas offer numerous benefits to homeowners looking to purchase a new property before selling their current one. These short-term loans provide quick access to funds, allowing individuals to make a competitive offer on a new home without the need to wait for their existing property to sell. Demographically, Ben Bolt is a small rural community located in south Texas with a population that values a close-knit, family-oriented lifestyle. The area boasts a diverse population that includes a mix of Hispanic, Caucasian, and other ethnicities, creating a vibrant and inclusive community for residents of all backgrounds. In terms of the housing market, Ben Bolt offers affordable home prices compared to nearby urban areas, making it an attractive option for first-time homebuyers and those looking to invest in real estate. With the help of bridge loans, buyers can take advantage of the favorable market conditions to secure their dream home without the hassle of a lengthy selling process. Main attractions in Ben Bolt include the scenic countryside, perfect for outdoor enthusiasts and nature lovers. The community also takes pride in its local schools, parks, and recreational facilities, making it an ideal place to raise a family or enjoy a peaceful retirement.
Benefits of Bridge Loans in Ben Bolt, Texas
