Bridge Loans: Your Key to Seamless Home Transitions in Harwood, TX

Navigating the process of buying a new home in Harwood, 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.

How Our Bridge Loans Work in Harwood, TX

1

Prepare and List Your Home for Sale

Start by listing your current home for sale in Harwood, TX or getting it ready for the market.

2

Find and Purchase Your New Home

Identify the new home you want to buy in Harwood, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.

3

Benefit from No Down Payment

Our bridge loan program in Harwood, TX often does not require a down payment, freeing you from the need to come up with additional funds.

4

Sell Your Current Home

After your current home sells, we use the profits in Harwood, TX to pay down the bridge loan balance, including any accrued interest.

5

Refinance to a Permanent Mortgage

Finally, we help you refinance into a traditional permanent mortgage in Harwood, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.

Key Benefits of Our Bridge Loan Program

1. No Down Payment Required

Many of our bridge loans in Harwood, TX do not require a down payment, making it easier for you to transition to your new home.

2. Simplified Qualification

You don’t need to qualify for both mortgage payments simultaneously.

3. Deferred Payments

Bridge loan payments in Harwood, TX may be deferred, meaning no payments are due while you are using the bridge loan.

4. No Prepayment Penalties

You can pay off the bridge loan early without any penalties.

Why Choose Horizon Lending Services?

Our bridge loan in Harwood, 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 Harwood, TX to permanent mortgage financing, making the process as smooth as possible for you.

Horizon Lending Services – Your Partner in Home Financing Solutions

Ready to make your move? Contact us today to get started!

Benefits of Bridge Loans in Harwood, Texas

Bridge loans in Harwood, Texas offer numerous benefits to homeowners and buyers. One of the key advantages is the ability to secure financing quickly, helping individuals bridge the gap between buying a new home and selling their existing one.

Demographics in Harwood, Texas show a diverse community with a population that values a small-town feel with easy access to larger cities like Austin and San Antonio. The median household income is above the national average, reflecting a stable economic environment.

The housing market in Harwood, Texas is characterized by steady growth and increasing property values. Bridge loans play a crucial role in facilitating swift transactions, allowing buyers to capitalize on the competitive market conditions and secure their dream homes without delays.

Some of the main attractions in Harwood, Texas include the historic sites such as the Buescher State Park and Gonzales Memorial Museum, offering residents and visitors opportunities for outdoor activities and cultural experiences.

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