Get Approved at The Lowest Rate
Navigating the process of buying a new home in Borger, 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 Borger, TX or getting it ready for the market.
Identify the new home you want to buy in Borger, 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 Borger, 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 Borger, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Borger, 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 Borger, 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 Borger, 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 Borger, 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 Borger, 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 offer a short-term financing solution that can help bridge the gap between the purchase of a new home and the sale of your current one in Borger, Texas. They provide flexibility, allowing you to secure a new property without being contingent on selling your existing one. Demographics: Borger, Texas, is a diverse community with a population that includes families, young professionals, and retirees. The town has a rich history and a welcoming atmosphere, making it an ideal place for people of all ages and backgrounds. Housing Market: Borger's housing market is vibrant, with a range of options available for buyers. The median home price is affordable compared to the state average, making it an attractive location for first-time buyers and investors alike. Main Attractions: Borger boasts a variety of attractions, including the Hutchinson County Museum, Huber Park, and Lake Meredith National Recreation Area. Whether you enjoy outdoor adventures or exploring local history, Borger has something for everyone.
The Benefits of Bridge Loans in Borger, Texas
