Get Approved at The Lowest Rate
Navigating the process of buying a new home in Martinsville, 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 Martinsville, TX or getting it ready for the market.
Identify the new home you want to buy in Martinsville, 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 Martinsville, 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 Martinsville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Martinsville, 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 Martinsville, 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 Martinsville, 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 Martinsville, 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 Martinsville, 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 Martinsville, Texas offer homeowners the flexibility to purchase a new home before selling their current one. This can be advantageous in competitive real estate markets where securing a new property quickly is crucial. By providing short-term financing, bridge loans help bridge the gap between buying and selling, preventing homeowners from missing out on their dream home. Demographics: Martinsville, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The community prides itself on its friendly atmosphere and strong sense of unity. With a growing economy and affordable cost of living, Martinsville is an attractive destination for those looking to settle down in a welcoming environment. Housing Market: The housing market in Martinsville, Texas, is dynamic and offers a range of options for buyers. From quaint suburban homes to spacious rural properties, there is something for everyone in Martinsville. With steady appreciation rates and a stable market, investing in real estate in this area can be a sound financial decision for both homeowners and investors. Main Attractions: Martinsville, Texas, is known for its scenic parks, historic landmarks, and vibrant downtown area. Residents can enjoy outdoor activities such as hiking and biking in the beautiful surroundings or explore local shops and restaurants. With a rich cultural heritage and a variety of events throughout the year, Martinsville has something for everyone to enjoy.
Benefits of Bridge Loans in Martinsville, Texas
