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Navigating the process of buying a new home in Henrietta, 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 Henrietta, TX or getting it ready for the market.
Identify the new home you want to buy in Henrietta, 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 Henrietta, 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 Henrietta, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Henrietta, 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 Henrietta, 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 Henrietta, 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 Henrietta, 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 Henrietta, 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 Henrietta, Texas offer numerous benefits for residents and investors. These short-term loans help bridge the gap between the purchase of a new property and the sale of an existing one, providing financial flexibility and allowing for quick transactions. Demographics of Henrietta, Texas show a population that values community, with a strong sense of pride in the town's history and heritage. The town has a mix of young families, professionals, and retirees, creating a diverse and vibrant community. The housing market in Henrietta, Texas is dynamic, with a range of properties available to suit different tastes and budgets. The market has seen steady growth in recent years, making it an attractive option for those looking to invest or settle down in a charming Texan town. Main attractions in Henrietta, Texas include the Clay County 1890 Jail Museum, which offers a glimpse into the town's past, and the Henrietta Heritage Center, where visitors can learn about the area's rich history. Outdoor lovers can enjoy Lake Arrowhead State Park, offering camping, fishing, and hiking opportunities.
Bridge Loans in Henrietta, Texas
