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Navigating the process of buying a new home in Hawkins, 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 Hawkins, TX or getting it ready for the market.
Identify the new home you want to buy in Hawkins, 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 Hawkins, 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 Hawkins, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hawkins, 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 Hawkins, 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 Hawkins, 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 Hawkins, 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 Hawkins, 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 Hawkins, Texas offer a valuable solution for homeowners who are looking to purchase a new property before selling their current one. These short-term loans provide the necessary funds to bridge the gap between the sale of the old property and the purchase of the new one, allowing homeowners to move quickly without the stress of waiting for their old property to sell. Hawkins, Texas, a charming town with a population of approximately 1,300, boasts a tight-knit community and a low cost of living. The area is ideal for families looking for a peaceful and safe environment to settle down. With good schools and friendly neighborhoods, Hawkins attracts many young families and retirees alike. The housing market in Hawkins, Texas, is stable and diverse, offering a range of options from historic homes with character to modern properties with all the amenities. The median home price in Hawkins is below the national average, making it an attractive option for first-time buyers and investors looking for affordable real estate opportunities. Some of the main attractions in Hawkins, Texas, include the vibrant downtown area with local shops and restaurants, as well as outdoor activities such as hiking in the nearby state parks and fishing in the picturesque lakes. The town's rich history and friendly community make it a desirable place to live and visit.
Benefits of Bridge Loans in Hawkins, Texas