Get Approved at The Lowest Rate
Navigating the process of buying a new home in Harrold, 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 Harrold, TX or getting it ready for the market.
Identify the new home you want to buy in Harrold, 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 Harrold, 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 Harrold, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Harrold, 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 Harrold, 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 Harrold, 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 Harrold, 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 Harrold, 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 Harrold, Texas provide a vital solution for homeowners needing short-term financing to bridge the gap between buying a new property and selling an existing one. They offer quick access to funds, enabling buyers to secure their dream home without waiting for their current property to sell, thus preventing missed opportunities. Demographically, Harrold, Texas, is a small yet vibrant community with a population that values a close-knit neighborhood feel. The town boasts a mix of families, young professionals, and retirees, creating a diverse and welcoming environment for residents pursuing various lifestyles. The housing market in Harrold, Texas, is stable with a steady increase in property values over the years. The town offers a range of housing options, from cozy single-family homes to spacious ranch-style properties, catering to different preferences and budgets. Among the main attractions in Harrold, Texas, are its picturesque parks and recreational facilities, perfect for outdoor enthusiasts and families alike. The town's rich historical sites and local dining spots also add to its charm, making it a desirable place to live for those seeking a balance between small-town charm and modern amenities.
Benefits of Bridge Loans in Harrold, Texas
