Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kerrick, 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 Kerrick, TX or getting it ready for the market.
Identify the new home you want to buy in Kerrick, 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 Kerrick, 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 Kerrick, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kerrick, 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 Kerrick, 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 Kerrick, 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 Kerrick, 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 Kerrick, 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 Kerrick, Texas provide a crucial financial lifeline for homeowners looking to purchase a new home before selling their existing one. These loans offer flexibility and quick access to funds, allowing individuals to make competitive offers on new properties without the contingency of selling their current home. Kerrick, Texas, located in Dallam County, has a population of approximately 200 residents. The town boasts a close-knit community feel, with a mix of rural charm and modern conveniences. The area is characterized by its peaceful surroundings and welcoming atmosphere, making it an ideal place for families and individuals looking for a quiet retreat. The housing market in Kerrick presents diverse options for potential buyers, from cozy single-family homes to spacious rural properties. The median home value in Kerrick is around $100,000, offering affordable housing opportunities for residents. With the support of bridge loans, buyers can navigate the real estate market with ease, tapping into the array of housing options available in the area. While in Kerrick, residents and visitors can explore the beauty of the surrounding countryside, enjoy outdoor activities such as hiking and camping, and immerse themselves in the town's rich history. Nearby attractions include the Rita Blanca National Grasslands and Lake Rita Blanca, providing ample opportunities for recreation and relaxation amidst the natural landscapes of Texas.
Bridge Loans in Kerrick, Texas
