Get Approved at The Lowest Rate
Navigating the process of buying a new home in Nolan, 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 Nolan, TX or getting it ready for the market.
Identify the new home you want to buy in Nolan, 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 Nolan, 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 Nolan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nolan, 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 Nolan, 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 Nolan, 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 Nolan, 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 Nolan, 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 Nolan, Texas offer individuals the flexibility to purchase a new home before selling their current one. This enables borrowers to make a competitive offer without being contingent on the sale of their existing property. It can be a valuable tool to bridge the gap between buying and selling, preventing the risk of missing out on their dream home. Demographics: Nolan, Texas, has a diverse population with a mix of young families, professionals, and retirees. The low crime rate, excellent schools, and friendly community make it an attractive place to live. The median household income is above the national average, reflecting a stable and prosperous community. Housing Market: The housing market in Nolan, Texas, is competitive yet offers a variety of options for homebuyers. Property values have been steadily increasing, making it a sound investment. Bridge loans can help buyers secure a property in a fast-paced market and capitalize on the rising home values. Main Attractions: Nolan, Texas, boasts picturesque parks, local shops, and a vibrant cultural scene. Residents can enjoy outdoor activities like hiking, biking, and fishing in the nearby natural settings. The town also hosts annual festivals and community events that bring people together.
Benefits of Bridge Loans in Nolan, Texas
