Get Approved at The Lowest Rate
Navigating the process of buying a new home in North Richland Hills, 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 North Richland Hills, TX or getting it ready for the market.
Identify the new home you want to buy in North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, 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 offer residents of North Richland Hills, Texas, a convenient financing option when transitioning between homes. They provide quick access to funds, enabling homeowners to purchase a new property before selling their current one. Demographics in North Richland Hills showcase a diverse community with a mix of suburban and urban lifestyles. The city has a population of approximately 70,000 residents, offering a family-friendly environment with good schools and a low crime rate. The housing market in North Richland Hills is robust, with a variety of single-family homes, townhouses, and apartments available for buyers. The average home price is competitive, making it an attractive location for first-time homebuyers and those looking for investment opportunities. Some of the main attractions in North Richland Hills include the NRH2O Family Water Park, a popular destination for families during the summer months. The city also boasts numerous parks, restaurants, and shopping centers, providing residents with ample recreational and entertainment options.
Benefits of Bridge Loans in North Richland Hills, Texas