Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ledbetter, 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 Ledbetter, TX or getting it ready for the market.
Identify the new home you want to buy in Ledbetter, 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 Ledbetter, 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 Ledbetter, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ledbetter, 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 Ledbetter, 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 Ledbetter, 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 Ledbetter, 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 Ledbetter, 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!
Benefits of Bridge Loans: Bridge loans offer quick access to funds for purchasing a new property before selling a current one. They provide flexibility and can help secure a new home without waiting for the sale of the existing one. Demographics: With a population of around 1,500, Ledbetter is a small, tight-knit community in Texas. The town has a mix of age groups, with a median age of 43 years. The majority of residents are homeowners, creating a stable housing market. Housing Market: The housing market in Ledbetter is competitive but offers affordable options for homebuyers. The average home price is below the state's average, making it an attractive location for families and retirees looking for a peaceful community. Main Attractions: Ledbetter is known for its scenic views, outdoor activities, and historic sites. Residents and visitors can enjoy hiking trails, local parks, and cultural events. The town's close proximity to larger cities provides easy access to additional amenities.
Benefits of Bridge Loans in Ledbetter, Texas
