Get Approved at The Lowest Rate
Navigating the process of buying a new home in Burlington, 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 Burlington, TX or getting it ready for the market.
Identify the new home you want to buy in Burlington, 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 Burlington, 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 Burlington, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Burlington, 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 Burlington, 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 Burlington, 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 Burlington, 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 Burlington, 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 Burlington, Texas offer numerous advantages for homebuyers. These short-term loans provide quick access to funds, allowing buyers to bridge the gap between the purchase of a new home and the sale of their existing property. This flexibility can be crucial in competitive markets, giving borrowers the ability to make strong offers without being contingent on selling their current home. The demographics of Burlington, Texas, show a diverse and growing community. With a mix of young professionals, families, and retirees, the city offers a welcoming environment for individuals at various life stages. The local economy is robust, supported by industries such as healthcare, education, and technology, providing residents with ample employment opportunities. The housing market in Burlington, Texas, is dynamic and attractive for both buyers and sellers. With a range of housing options, from modern apartments to spacious single-family homes, the city caters to diverse preferences. The market is known for its stability and appreciation potential, making it a sound investment for those looking to establish roots in the area.
Benefits of Bridge Loans in Burlington, Texas
