Get Approved at The Lowest Rate
Navigating the process of buying a new home in Olden, 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 Olden, TX or getting it ready for the market.
Identify the new home you want to buy in Olden, 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 Olden, 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 Olden, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Olden, 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 Olden, 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 Olden, 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 Olden, 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 Olden, 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 Olden, Texas offer numerous benefits for homebuyers. These short-term loans provide quick financing for purchasing a new home before selling an existing one. They can help avoid contingent offers and enable buyers to act fast in a competitive market. Olden, Texas, a small and charming town with a population of around 300, boasts a tight-knit community and a peaceful atmosphere. The town is known for its historical significance, friendly locals, and scenic views of the surrounding countryside. The housing market in Olden, Texas, is favorable for both buyers and sellers. With affordable home prices and low-interest rates, it's an ideal time to invest in real estate in this area. Bridge loans can facilitate seamless transactions and help individuals capitalize on the current market conditions. While in Olden, visitors can explore attractions such as the Olden Historical Museum, which showcases the town's rich heritage, and enjoy outdoor activities like hiking in the nearby state parks. The town's proximity to major cities also offers residents the convenience of urban amenities within reach.
Bridge Loans in Olden, Texas
