Get Approved at The Lowest Rate
Navigating the process of buying a new home in Petty, 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 Petty, TX or getting it ready for the market.
Identify the new home you want to buy in Petty, 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 Petty, 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 Petty, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 a valuable financial solution for homeowners in Petty, Texas, providing quick access to funds when purchasing a new home before selling their current one. This enables seamless transitions without the need to wait for the sale of the existing property, making the buying process more flexible and efficient. Demographics in Petty, Texas, reveal a small yet close-knit community. With a population of around 300 residents, Petty offers a tight community bond where neighbors know each other well. The town has a mix of age groups, creating a diverse and inclusive environment for families and individuals. The housing market in Petty, Texas, presents opportunities for both buyers and sellers. With a mix of older and newer homes, the town provides a range of options to suit different preferences and budgets. The real estate market in Petty is stable, offering potential for property appreciation and a favorable environment for investment. Some main attractions in Petty, Texas, include the Petty Town Hall, a historic building with cultural significance for the community. The town also boasts scenic countryside views, perfect for nature lovers and outdoor enthusiasts. Additionally, Petty is known for its local businesses and charm that adds to its appeal as a hometown with a welcoming atmosphere.
The Benefits of Bridge Loans in Petty, Texas
