Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kenney, 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 Kenney, TX or getting it ready for the market.
Identify the new home you want to buy in Kenney, 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 Kenney, 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 Kenney, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kenney, 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 Kenney, 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 Kenney, 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 Kenney, 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 Kenney, 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 provide quick financing for homeowners looking to purchase a new home before selling their existing one. In Kenney, Texas, these loans offer the convenience of avoiding contingent offers, allowing for smoother transactions. Demographics in Kenney, Texas, show a mix of rural and suburban living. The population consists of families, retirees, and young professionals. The area boasts a strong sense of community and a lower cost of living compared to urban areas. The housing market in Kenney, Texas, is competitive yet stable. With a variety of properties available, from historic homes to modern builds, there is something for every buyer. Bridge loans can help buyers secure their dream home amidst this competitive market. Kenney, Texas, is known for its historical sites, outdoor recreational opportunities, and local festivities. Residents and visitors can enjoy attractions such as the Kenney Agricultural Society Hall, hiking trails, and community events that showcase the area's rich heritage.
Benefits of Bridge Loans in Kenney, Texas
