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Navigating the process of buying a new home in Hubbard, 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 Hubbard, TX or getting it ready for the market.
Identify the new home you want to buy in Hubbard, 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 Hubbard, 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 Hubbard, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hubbard, 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 Hubbard, 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 Hubbard, 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 Hubbard, 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 Hubbard, 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 Hubbard, Texas offer a flexible financing solution for homebuyers who need to close on a new home before selling their existing one. This type of loan provides short-term funds to bridge the gap between the sale of a current property and the purchase of a new one, helping buyers secure their dream home without delays. Hubbard, Texas, a charming town with a population of approximately 1,400 residents, boasts a diverse community rich in both history and culture. The town's demographics include a mix of families, professionals, and retirees, creating a welcoming and inclusive atmosphere for residents of all ages. The housing market in Hubbard, Texas, offers a range of options for homebuyers, from historic properties in the downtown area to modern developments in surrounding neighborhoods. With competitive prices and a stable market, Hubbard presents a prime opportunity for buyers looking to invest in a property with long-term value. Some of the main attractions in Hubbard, Texas, include the picturesque Old Fort Parker, a historic site that offers guided tours and special events for visitors interested in the town's past. Additionally, outdoor enthusiasts can explore the nearby Lake Hubbard for fishing, boating, and other recreational activities, making Hubbard an ideal destination for nature lovers.
Benefits of Bridge Loans in Hubbard, Texas
