Get Approved at The Lowest Rate
Navigating the process of buying a new home in Jarrell, 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 Jarrell, TX or getting it ready for the market.
Identify the new home you want to buy in Jarrell, 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 Jarrell, 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 Jarrell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jarrell, 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 Jarrell, 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 Jarrell, 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 Jarrell, 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 Jarrell, 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 Jarrell, Texas offer numerous advantages to both buyers and sellers. One key benefit is the flexibility these loans provide by enabling buyers to make a quick purchase without the need to sell their existing property first. This can be particularly beneficial in competitive real estate markets where quick decisions are necessary. Additionally, bridge loans can help buyers secure their dream home while awaiting the sale of their current property, preventing them from missing out on opportunities. Demographics: Jarrell, Texas, is a small town with a growing population offering a mix of rural charm and modern amenities. The majority of residents are families attracted to the town's affordable cost of living, excellent schools, and sense of community. Housing Market: Jarrell's housing market is booming, with a range of housing options available from cozy single-family homes to spacious ranch-style properties. The town's proximity to major cities like Austin and Georgetown makes it an attractive location for commuters seeking a quieter lifestyle. Main Attractions: Jarrell boasts several recreational areas, including Sonterra, a community park with walking trails and playgrounds perfect for families. The town also hosts events like the annual Jarrell Rodeo, which celebrates its Western heritage and brings the community together in a fun-filled atmosphere.
The Benefits of Bridge Loans in Jarrell, Texas
