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Navigating the process of buying a new home in Hurst, 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 Hurst, TX or getting it ready for the market.
Identify the new home you want to buy in Hurst, 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 Hurst, 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 Hurst, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hurst, 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 Hurst, 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 Hurst, 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 Hurst, 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 Hurst, 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 Hurst, Texas offer several benefits to homebuyers. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their current home. This can be especially advantageous in competitive markets where quick transactions are essential. Hurst, Texas, is a vibrant city with a diverse population. The demographics of Hurst include a mix of families, young professionals, and retirees. The city is known for its strong sense of community and excellent schools, making it an attractive location for families looking to settle down. The housing market in Hurst, Texas, is dynamic and offers a range of options for buyers. From cozy single-family homes to spacious townhouses, Hurst has something for everyone. The market is generally stable, with steady appreciation in home values over the years. Some of the main attractions in Hurst include the North East Mall, which offers a variety of shopping and dining options. For outdoor enthusiasts, Chisholm Park is a popular destination with walking trails, picnic areas, and sports facilities. Additionally, Hurst is conveniently located near major highways, making it easy to access the cultural amenities of nearby cities like Dallas and Fort Worth.
Bridge Loans in Hurst, Texas