Get Approved at The Lowest Rate
Navigating the process of buying a new home in Knox City, 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 Knox City, TX or getting it ready for the market.
Identify the new home you want to buy in Knox City, 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 Knox City, 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 Knox City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Knox City, 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 Knox City, 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 Knox City, 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 Knox City, 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 Knox City, 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 Knox City, Texas offer numerous benefits for homebuyers. They provide immediate funding to bridge the gap between the purchase of a new home and the sale of the old one. This helps buyers secure their new property without the need to wait for their old home to sell, making the buying process smoother and less stressful. Demographics: Knox City, Texas, has a diverse population with a mix of families, retirees, and young professionals. The town offers a close-knit community feel with access to essential amenities such as schools, parks, and healthcare facilities. Housing Market: Knox City's housing market is characterized by affordable prices and a range of housing options, including single-family homes and apartments. The town experiences steady demand for housing, making it a great place for real estate investments. Main Attractions: Knox City boasts attractions like the Knox County Museum, Lake Stamford, and outdoor recreational activities. Residents can enjoy a blend of history and nature, making it an appealing place to live for individuals and families alike.
The Benefits of Bridge Loans in Knox City, Texas
