Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kennedale, 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 Kennedale, TX or getting it ready for the market.
Identify the new home you want to buy in Kennedale, 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 Kennedale, 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 Kennedale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kennedale, 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 Kennedale, 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 Kennedale, 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 Kennedale, 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 Kennedale, 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 individuals in Kennedale, Texas, a convenient financing solution for purchasing a new home before selling their current one. Unlike traditional loans, bridge loans provide quick access to funds, helping buyers secure their dream home without delays. This flexibility streamlines the buying process, making it ideal for those looking to avoid contingencies and bidding wars. Kennedale, Texas, boasts a diverse demographic with a mix of young families, professionals, and retirees. The city's population has been steadily growing, contributing to a vibrant community atmosphere. Residents enjoy access to quality schools, healthcare facilities, and recreational areas, making it an attractive location for homebuyers seeking a well-rounded lifestyle. The housing market in Kennedale, Texas, presents a range of opportunities for both buyers and sellers. With a healthy inventory of properties in various price ranges, individuals can find homes that meet their specific needs and budget. The market's stability and steady appreciation rates make it an appealing investment for those looking to grow their real estate portfolio.
Benefits of Bridge Loans in Kennedale, Texas
