Get Approved at The Lowest Rate
Navigating the process of buying a new home in Blackwell, 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 Blackwell, TX or getting it ready for the market.
Identify the new home you want to buy in Blackwell, 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 Blackwell, 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 Blackwell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blackwell, 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 Blackwell, 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 Blackwell, 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 Blackwell, 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 Blackwell, 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 Blackwell, Texas offer homeowners the advantage of quickly securing funds for a new home purchase before selling their current property. This financial tool bridges the gap in financing, preventing delays and allowing for a smoother transition between homes. Demographically, Blackwell, Texas is a diverse community with a mix of residents from various backgrounds. The town boasts a strong sense of community spirit, with residents who take pride in their town and support local businesses and events. In terms of the housing market, Blackwell offers a range of housing options to cater to different preferences and budgets. From cozy starter homes to spacious family residences, there is something for everyone in this vibrant real estate market. Blackwell, Texas, is known for its quaint charm and rich history. Visitors and residents alike can enjoy exploring local attractions such as the Blackwell Historic District, where they can learn about the town's heritage, or spending a relaxing day at the nearby parks and recreational areas.
Benefits of Bridge Loans in Blackwell, Texas
