Get Approved at The Lowest Rate
Navigating the process of buying a new home in Berclair, 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 Berclair, TX or getting it ready for the market.
Identify the new home you want to buy in Berclair, 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 Berclair, 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 Berclair, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Berclair, 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 Berclair, 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 Berclair, 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 Berclair, 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 Berclair, 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 Berclair, Texas offer a convenient financing solution for homeowners who are looking to purchase a new home before selling their current one. These loans provide the flexibility to make a quick purchase without being contingent on the sale of the existing property, reducing the stress of coordinating both transactions simultaneously. Demographically, Berclair, Texas, is a diverse community with a mix of families, young professionals, and retirees. The town boasts a rich cultural heritage and a welcoming atmosphere, making it an attractive place to live for people of all ages and backgrounds. In terms of the housing market, Berclair offers a range of housing options, from historic homes to modern developments, catering to various preferences and budgets. The market is stable, with steady growth in property values, making it a sound investment for those looking to buy property in the area. Main attractions in Berclair include its beautiful parks, historic sites, and local eateries that showcase the town's unique charm and character. Residents can enjoy outdoor activities, explore local history, and sample delicious cuisine, creating a vibrant and engaging community for all.
Benefits of Bridge Loans in Berclair, Texas
