Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fentress, 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 Fentress, TX or getting it ready for the market.
Identify the new home you want to buy in Fentress, 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 Fentress, 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 Fentress, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fentress, 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 Fentress, 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 Fentress, 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 Fentress, 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 Fentress, 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 Fentress, Texas offer quick financing solutions for homeowners looking to purchase a new home before selling their current one. These loans provide flexibility and bridge the gap between the sale of the existing property and the purchase of a new one, avoiding the need for a contingent offer. Fentress, Texas, a small town in Caldwell County, has a population of approximately 250 residents. The town boasts a close-knit community, low crime rates, and a family-friendly atmosphere. With easy access to nearby cities like Austin and San Antonio, Fentress serves as an ideal location for those seeking a peaceful rural lifestyle within reach of urban amenities. The housing market in Fentress is characterized by a mix of historic homes and modern residences. The average home value in the area is around $200,000, making it an affordable option for homebuyers. The market has shown steady growth in recent years, making it an attractive investment opportunity for buyers looking to capitalize on the town's charm and potential for development. Some main attractions in Fentress include the San Marcos River, popular for tubing and water activities, and the nearby Fentress Airpark, a favorite spot for aviation enthusiasts. The town also hosts community events like festivals and farmers markets, providing residents with opportunities to engage with neighbors and experience local culture.
Bridge Loans in Fentress, Texas
