Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ben Franklin, 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 Franklin, TX or getting it ready for the market.
Identify the new home you want to buy in Ben Franklin, 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 Franklin, 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 Franklin, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ben Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 Franklin offer a flexible financing option to homeowners looking to purchase a new home before selling their current one. These loans provide quick access to funds, allowing individuals to secure their new property without having to wait for their old one to sell. Demographics in Ben Franklin, Texas, reveal a close-knit community with a population that values a small-town atmosphere. The town boasts a mix of families and retirees, creating a diverse and welcoming environment for residents. The housing market in Ben Franklin is characterized by a range of affordable properties for both buyers and renters. With a growing demand for housing and a steady influx of new residents, the market is poised for growth and offers lucrative opportunities for investors. Main attractions in Ben Franklin include its historic downtown area, featuring charming shops and restaurants, as well as scenic parks and outdoor recreational activities. Residents enjoy a peaceful and laid-back lifestyle, with easy access to nature and community events.
The Benefits of Bridge Loans in Ben Franklin, Texas
