Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hillsboro, 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 Hillsboro, TX or getting it ready for the market.
Identify the new home you want to buy in Hillsboro, 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 Hillsboro, 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 Hillsboro, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hillsboro, 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 Hillsboro, 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 Hillsboro, 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 Hillsboro, 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 Hillsboro, 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 a valuable solution for homebuyers in Hillsboro, Texas. These short-term loans bridge the financial gap between purchasing a new home and selling an existing one. The primary benefit is the ability to secure funds quickly, allowing buyers to make competitive offers and avoid missing out on their dream home. Hillsboro, Texas, boasts a diverse demographic mix with a strong community spirit. The population includes a mix of families, young professionals, and retirees, creating a vibrant and inclusive environment. The city's affordable cost of living and friendly neighborhoods make it an attractive place to call home. The housing market in Hillsboro is dynamic, with a range of options to suit different preferences and budgets. From historic homes with character to modern developments, there is something for everyone. Bridge loans provide flexibility in financing, making it easier for buyers to navigate the market and secure their ideal property. In addition to its housing market appeal, Hillsboro offers a variety of main attractions for residents and visitors alike. Explore the historic downtown area with its charming shops and restaurants, or immerse yourself in nature at Lake Whitney State Park. The city's rich history, cultural events, and outdoor recreation opportunities make it a welcoming and engaging place to live.
The Benefits of Bridge Loans in Hillsboro, Texas
