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Navigating the process of buying a new home in Chappell Hill, 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 Chappell Hill, TX or getting it ready for the market.
Identify the new home you want to buy in Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, 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!
Benefits of Bridge Loans: Bridge loans in Chappell Hill offer quick access to funds for buying a new home before selling your current one. This temporary financing solution helps bridge the gap, avoiding the need for a contingent offer and allowing you to secure your dream home. Demographics: Chappell Hill, a picturesque town in Washington County, Texas, has a population of around 600 residents. The community boasts a rich history with many historic sites and a tight-knit, welcoming atmosphere, making it an ideal place to call home. Housing Market: The housing market in Chappell Hill is characterized by charming historic homes, sprawling ranch properties, and new developments offering a mix of traditional and modern styles. With a strong demand for housing in this desirable area, property values are generally stable and offer good investment opportunities. Main Attractions: Visitors and residents alike enjoy exploring Chappell Hill's historic downtown, renowned for its quaint shops, antique stores, and local eateries. The town is also home to the Chappell Hill Lavender Farm, providing a scenic escape and a touch of natural beauty.
Bridge Loans in Chappell Hill, Texas: Benefits, Demographics, Housing Market & Attractions
