Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mount Calm, 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 Mount Calm, TX or getting it ready for the market.
Identify the new home you want to buy in Mount Calm, 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 Mount Calm, 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 Mount Calm, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Calm, 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 Mount Calm, 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 Mount Calm, 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 Mount Calm, 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 Mount Calm, 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 Mount Calm, Texas offer numerous benefits for both homebuyers and sellers. These short-term loans provide financial flexibility by allowing buyers to secure a new property before selling their current home. This eliminates the need for contingent offers and can expedite the home buying process. Mount Calm, Texas, with a population of approximately 300 residents, offers a peaceful small-town atmosphere. The median home value in Mount Calm is below the national average, making it an attractive option for first-time homebuyers and investors looking for affordable housing options. The housing market in Mount Calm is stable, with steady appreciation rates and a growing demand for single-family homes. Bridge loans can help buyers take advantage of these favorable market conditions by providing the necessary funds to secure their dream home quickly. Some main attractions in Mount Calm include the historic Mount Calm Independent School District, known for its strong academic programs, and the beautiful Lake Aquilla, a popular spot for fishing and recreational activities. Additionally, the town's close-knit community and scenic countryside make it a desirable location for those seeking a peaceful and relaxed lifestyle.
Bridge Loans in Mount Calm, Texas: A Comprehensive Overview
