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Navigating the process of buying a new home in Burleson, 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 Burleson, TX or getting it ready for the market.
Identify the new home you want to buy in Burleson, 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 Burleson, 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 Burleson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Burleson, 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 Burleson, 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 Burleson, 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 Burleson, 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 Burleson, 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 Burleson, Texas offer quick access to funds for individuals looking to purchase a new home before selling their current one. This type of loan can help avoid the stress of carrying two mortgages simultaneously. Demographically, Burleson is a vibrant city with a mix of young families and retirees, offering a strong sense of community. The city has a growing population, providing a diverse and dynamic environment for residents. In terms of the housing market, Burleson offers a range of options from quaint single-family homes to modern condominiums. The market is experiencing steady growth, making it an attractive prospect for both buyers and sellers. Some of the main attractions in Burleson include the beautiful Chisenhall Fields Sports Complex, the historic Old Town district with its charming shops and restaurants, and the popular Bailey Lake Park, offering outdoor activities for all ages.
The Benefits of Bridge Loans in Burleson, Texas
