Get Approved at The Lowest Rate
Navigating the process of buying a new home in Crowell, 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 Crowell, TX or getting it ready for the market.
Identify the new home you want to buy in Crowell, 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 Crowell, 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 Crowell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crowell, 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 Crowell, 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 Crowell, 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 Crowell, 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 Crowell, 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 Crowell, Texas offer a short-term financing solution that helps bridge the gap between the purchase of a new home and the sale of a current property. They provide flexibility and speed in real estate transactions, allowing buyers to secure a new home without being contingent on the sale of their existing one. Demographics: Crowell, Texas, has a population of approximately 900 residents, with a median household income of $35,000. The town's residents are predominantly White, with a mix of other ethnicities, creating a diverse and welcoming community. Housing Market: The housing market in Crowell, Texas, offers a range of affordable options for both buyers and renters. With a median home price of $70,000, the town provides an attractive opportunity for first-time buyers and investors looking to enter the real estate market. Main Attractions: Crowell boasts attractions such as the Foard County Museum, showcasing the town's history, and Copper Breaks State Park, offering outdoor recreational activities like hiking and camping. The town's quaint charm and local eateries make it a delightful place to visit and reside.
Benefits of Bridge Loans in Crowell, Texas
