Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hico, 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 Hico, TX or getting it ready for the market.
Identify the new home you want to buy in Hico, 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 Hico, 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 Hico, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hico, 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 Hico, 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 Hico, 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 Hico, 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 Hico, 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 offer immediate financing for individuals looking to purchase a new home before selling their current property. In a competitive market like Hico, Texas, having access to bridge loans can give buyers a significant advantage. These loans provide the flexibility needed to secure a new home quickly without being contingent on the sale of the existing property. Demographics: Hico, Texas, is a charming small town with a population of approximately 1,300 residents. The community has a mix of families, retirees, and young professionals, creating a diverse and tight-knit environment. The town boasts a low crime rate and a strong sense of community, making it an attractive place to call home. Housing Market: Hico's housing market is on the rise, with a variety of properties available to suit different needs and budgets. The average home price is competitive compared to surrounding areas, making it an affordable option for potential buyers. Bridge loans can help individuals take advantage of the favorable market conditions and secure their dream home in Hico. Main Attractions: Hico offers a range of attractions, including the Billy the Kid Museum, Wiseman House Chocolates, and numerous outdoor recreational activities such as hiking, fishing, and camping. The town's historic downtown area is filled with quaint shops and restaurants, adding to its appeal as a desirable place to live.
Benefits of Bridge Loans in Hico, Texas
