Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bullard, 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 Bullard, TX or getting it ready for the market.
Identify the new home you want to buy in Bullard, 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 Bullard, 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 Bullard, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bullard, 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 Bullard, 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 Bullard, 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 Bullard, 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 Bullard, 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 of Bridge Loans: Bridge loans offer quick financing solutions for individuals looking to buy a new home before selling their current one. This can help avoid delays and secure the desired property in a competitive market. Demographics: Bullard, Texas, is a picturesque town with a population of around 3,000 residents. The community boasts a mix of young families and retirees, creating a diverse and welcoming atmosphere. Housing Market: Bullard's housing market is thriving, with a range of properties available to suit different needs and budgets. The average home price in the area has been steadily increasing, making it a lucrative investment opportunity. Main Attractions: Bullard is known for its beautiful natural surroundings, including the nearby Lake Palestine, perfect for outdoor activities like fishing and boating. The quaint downtown area offers charming shops and restaurants for residents and visitors to enjoy.
Bridge Loans in Bullard, Texas
