Get Approved at The Lowest Rate
Navigating the process of buying a new home in Chatfield, 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 Chatfield, TX or getting it ready for the market.
Identify the new home you want to buy in Chatfield, 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 Chatfield, 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 Chatfield, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chatfield, 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 Chatfield, 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 Chatfield, 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 Chatfield, 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 Chatfield, 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 offer a flexible financing solution for homeowners looking to purchase a new home before selling their existing one. In Chatfield, Texas, these loans can help buyers secure their dream home without the stress of timing the sale of their current property. Demographics in Chatfield, Texas, show a vibrant community with a mix of young families and retirees. The town offers a peaceful rural setting with easy access to urban amenities. Residents enjoy a strong sense of community and pride in their Texan heritage. The housing market in Chatfield, Texas, is competitive yet stable. The area boasts a variety of housing options, from historic properties to modern developments. With a growing demand for homes, property values are expected to continue appreciating, making it an attractive investment opportunity. Chatfield, Texas, is home to notable attractions such as the Chatfield Reservoir State Park, offering outdoor recreational activities like fishing and hiking. The town also hosts community events that celebrate its rich cultural history, providing residents with both leisure and educational opportunities.
The Benefits of Bridge Loans in Chatfield, Texas
