Get Approved at The Lowest Rate
Navigating the process of buying a new home in Holliday, 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 Holliday, TX or getting it ready for the market.
Identify the new home you want to buy in Holliday, 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 Holliday, 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 Holliday, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Holliday, 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 Holliday, 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 Holliday, 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 Holliday, 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 Holliday, 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 Holliday, Texas offer numerous advantages for individuals looking to buy a new home before selling their current one. These short-term loans provide the flexibility to make a down payment on a new property while waiting for the sale of the old one, preventing the need for contingent offers and potentially securing a better deal. Holliday, Texas, a small town with a population of approximately 1,600 residents, boasts a charming community feel and a low crime rate, making it an ideal place to raise a family or retire. The town's demographics consist mainly of middle-class families and older adults, creating a tight-knit and welcoming atmosphere. The housing market in Holliday, Texas, is stable and offers a range of properties to suit different needs and budgets. With a mix of single-family homes, townhouses, and apartments, there are options for first-time buyers, growing families, and individuals looking to downsize. The median home value in Holliday is affordable compared to larger cities, making it an attractive location for those seeking a quieter pace of life.
The Benefits of Bridge Loans in Holliday, Texas
