Get Approved at The Lowest Rate
Navigating the process of buying a new home in Chillicothe, 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 Chillicothe, TX or getting it ready for the market.
Identify the new home you want to buy in Chillicothe, 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 Chillicothe, 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 Chillicothe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chillicothe, 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 Chillicothe, 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 Chillicothe, 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 Chillicothe, 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 Chillicothe, 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: One of the key benefits of Bridge Loans in Chillicothe, Texas is the ability to bridge the gap between the purchase of a new property and the sale of an existing one. This can help homeowners avoid the stress of timing issues in real estate transactions. Demographics: Chillicothe, Texas, with a population of approximately 700 people, offers a close-knit community feel. The town boasts a mix of families and retirees, creating a diverse and welcoming atmosphere. Housing Market: The housing market in Chillicothe, Texas is stable with affordable home prices compared to larger metropolitan areas. The market offers a range of housing options, from historic homes to modern developments, catering to various preferences. Main Attractions: Chillicothe, Texas is known for its rich history and charming small-town ambiance. Visitors can explore local landmarks like the Chillicothe Courthouse Square, enjoy outdoor activities at the nearby Lake Arrowhead State Park, and experience community events that showcase the town's vibrant culture.
Bridge Loans in Chillicothe, Texas
