Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cherokee, 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 Cherokee, TX or getting it ready for the market.
Identify the new home you want to buy in Cherokee, 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 Cherokee, 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 Cherokee, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cherokee, 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 Cherokee, 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 Cherokee, 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 Cherokee, 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 Cherokee, 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 Cherokee, Texas offer a convenient financing solution for homeowners looking to purchase a new property before selling their existing one. This type of loan provides quick access to funds, bridging the gap between the purchase of a new home and the sale of the current one, without the stress of timing constraints. Demographics: Cherokee, Texas, boasts a diverse population with a mix of urban and rural lifestyles. The community is known for its strong sense of unity and pride, making it an attractive place to live for individuals and families alike. Housing Market: The housing market in Cherokee, Texas, is thriving with a range of property options to suit various budgets and preferences. With steady appreciation rates and a competitive market, investing in real estate in Cherokee is a wise choice for both homeowners and investors. Main Attractions: Cherokee, Texas, offers a unique blend of natural beauty and cultural attractions. From scenic parks and outdoor recreational activities to vibrant local events and historical landmarks, there is always something to explore and enjoy in this charming town.
Benefits of Bridge Loans in Cherokee, Texas
