Get Approved at The Lowest Rate
Navigating the process of buying a new home in Blanket, 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 Blanket, TX or getting it ready for the market.
Identify the new home you want to buy in Blanket, 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 Blanket, 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 Blanket, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blanket, 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 Blanket, 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 Blanket, 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 Blanket, 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 Blanket, 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!
Benefits Bridge loans offer quick financing for purchasing a new property before selling an existing one, providing flexibility to homeowners in Blanket, Texas. These loans help avoid the stress of timing issues between buying and selling, allowing smooth transitions without the need for contingent offers. Bridge loans can be especially advantageous in competitive housing markets, ensuring buyers can secure their dream homes in Blanket. Demographics Blanket, Texas, is a small town with a population of around 400 residents, known for its tight-knit community and friendly atmosphere. The town has a diverse demographic mix, with families, retirees, and young professionals all finding a welcoming home in Blanket. Residents value the area for its peaceful surroundings and strong sense of community spirit, making it an ideal place to live and raise a family. Housing Market The housing market in Blanket, Texas, offers a mix of charming single-family homes, ranch-style properties, and spacious lots for those seeking a quiet rural lifestyle. Property prices in Blanket are affordable compared to larger cities, attracting buyers looking for a more relaxed pace of life without sacrificing amenities. With a stable market and a variety of housing options, Blanket presents opportunities for both first-time buyers and those looking to upgrade their homes. Main Attractions Blanket, Texas, is surrounded by picturesque landscapes, offering residents and visitors plenty of outdoor activities such as hiking, fishing, and camping. The town is known for its historic downtown area, where local shops, cafes, and cultural events contribute to its unique charm. For those interested in history, the Blanket Heritage Museum is a popular attraction, showcasing the town's rich past and heritage.
Benefits of Bridge Loans in Blanket, Texas
