Get Approved at The Lowest Rate
Navigating the process of buying a new home in Byers, 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 Byers, TX or getting it ready for the market.
Identify the new home you want to buy in Byers, 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 Byers, 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 Byers, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Byers, 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 Byers, 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 Byers, 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 Byers, 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 Byers, 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 Byers, Texas offer immediate financial relief to homeowners who are looking to purchase a new home before selling their existing one. This allows for a smooth transition without the stress of carrying two mortgages simultaneously. Demographics in Byers, Texas show a close-knit community with a population that values a peaceful rural lifestyle. The town boasts a mix of families, retirees, and young professionals, creating a diverse and welcoming environment. The housing market in Byers, Texas is currently stable, with affordable home prices and a range of property options to choose from. Bridge loans can help buyers take advantage of these favorable market conditions and secure their dream home without delays. Main attractions in Byers, Texas include the picturesque Red River, perfect for outdoor activities like fishing and hiking. Additionally, the town's historical sites and local shops offer a unique charm that residents and visitors alike enjoy.
Benefits of Bridge Loans in Byers, Texas
