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Navigating the process of buying a new home in Hawley, 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 Hawley, TX or getting it ready for the market.
Identify the new home you want to buy in Hawley, 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 Hawley, 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 Hawley, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hawley, 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 Hawley, 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 Hawley, 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 Hawley, 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 Hawley, 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 Hawley, Texas offer numerous benefits for homeowners, including providing short-term financing to bridge the gap between the purchase of a new home and the sale of a current property. This allows for a smoother transition without the pressure of rushed sales or purchases. Demographically, Hawley, Texas is a small yet growing town with a population that primarily consists of families and individuals attracted to the area for its peaceful suburban environment and strong sense of community. The housing market in Hawley, Texas is notable for its stability and affordability. With a range of housing options available, from cozy suburban homes to spacious rural estates, there is something to suit every budget and lifestyle. Some main attractions in Hawley, Texas include the beautiful Hawley Park, perfect for outdoor activities and family picnics, as well as the historic downtown area lined with charming shops and restaurants that showcase the town's unique character.
Benefits of Bridge Loans in Hawley, Texas