Get Approved at The Lowest Rate
Navigating the process of buying a new home in Burkburnett, 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 Burkburnett, TX or getting it ready for the market.
Identify the new home you want to buy in Burkburnett, 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 Burkburnett, 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 Burkburnett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Burkburnett, 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 Burkburnett, 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 Burkburnett, 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 Burkburnett, 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 Burkburnett, 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 convenient financing option for homebuyers in Burkburnett, Texas, allowing them to purchase a new home before selling their current one. This can prevent them from missing out on their dream home and eliminates the stress of trying to coordinate buying and selling timelines. Demographically, Burkburnett is a charming town with a population of around 11,000 people. The community is close-knit, with a mix of families, young professionals, and retirees. The town boasts a strong sense of community spirit and pride, making it an inviting place to live. In terms of the housing market, Burkburnett offers a diverse range of properties, from historic homes to modern developments. The market is stable, with reasonable prices compared to nearby cities, making it an attractive option for homebuyers looking for affordability without compromising on quality. Some of the main attractions in Burkburnett include the World's Littlest Skyscraper, which is a quirky historical landmark, and the Burkburnett Watermelon Festival, a fun annual event that brings the community together. The town also features beautiful parks, local shops, and a vibrant downtown area.
Benefits of Bridge Loans in Burkburnett, Texas
