Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hale Center, 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 Hale Center, TX or getting it ready for the market.
Identify the new home you want to buy in Hale Center, 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 Hale Center, 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 Hale Center, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hale Center, 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 Hale Center, 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 Hale Center, 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 Hale Center, 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 Hale Center, 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 Hale Center, Texas offer numerous benefits to homebuyers. They provide temporary financing for individuals looking to purchase a new home while waiting for the sale of their current property. This flexibility allows buyers to act quickly in competitive markets without being contingent on selling their existing home first. Hale Center, Texas, located in the Panhandle region, has a population of approximately 2,000 residents. The community boasts a diverse demographic mix, with a median age of 36 years. The town's residents take pride in its tight-knit community feel and dedication to local events and activities. The housing market in Hale Center experiences steady growth, with a median home value of around $90,000. The town offers a range of housing options, including single-family homes, townhouses, and apartments, catering to various budgets and preferences. Bridge loans can be instrumental in securing these properties quickly. Some main attractions in Hale Center include the Hale Center Heritage Foundation Museum, showcasing the town's history, and Lake Mackenzie, a popular spot for outdoor recreational activities like fishing and camping. The town's vibrant community events and local eateries also add to its charm, making it an attractive place to live.
Bridge Loans in Hale Center, Texas
