Get Approved at The Lowest Rate
Navigating the process of buying a new home in Briscoe, 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 Briscoe, TX or getting it ready for the market.
Identify the new home you want to buy in Briscoe, 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 Briscoe, 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 Briscoe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Briscoe, 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 Briscoe, 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 Briscoe, 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 Briscoe, 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 Briscoe, 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 Briscoe, Texas offer homeowners the advantage of securing funds quickly to purchase a new home before selling their current one. This can prevent the need for a contingency offer and streamline the buying process. Demographically, Briscoe is a vibrant small town with a population that values community and a close-knit atmosphere. The residents are diverse in age and occupation, offering a welcoming environment to new homeowners looking to join a supportive community. When it comes to the housing market, Briscoe offers a mix of traditional homes and modern developments, catering to various preferences. The market is competitive yet stable, making it a promising investment opportunity for those looking to buy property in the area. Some of the main attractions in Briscoe include its picturesque parks, charming downtown area, and annual community events that bring residents together. The town's rich history and scenic surroundings make it an appealing location for both visitors and residents alike.
Benefits of Bridge Loans in Briscoe, Texas
