Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bushland, 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 Bushland, TX or getting it ready for the market.
Identify the new home you want to buy in Bushland, 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 Bushland, 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 Bushland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bushland, 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 Bushland, 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 Bushland, 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 Bushland, 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 Bushland, 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 Bushland, Texas offer unique advantages to homeowners. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This enables buyers to secure a new home without being contingent on selling their existing property, making it easier to make a competitive offer. Bushland, Texas, with a population of approximately 1,500 residents, is a small, tight-knit community known for its tranquil and rural setting. The area boasts a diverse demographic makeup, with a mix of families, professionals, and retirees, creating a vibrant and inclusive environment. The housing market in Bushland is stable and offers a variety of options for prospective buyers. With a median home price below the national average, Bushland presents an affordable opportunity for individuals and families looking to settle down in a picturesque Texas town.
Benefits of Bridge Loans in Bushland, Texas