Get Approved at The Lowest Rate
Navigating the process of buying a new home in Shamrock, 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 Shamrock, TX or getting it ready for the market.
Identify the new home you want to buy in Shamrock, 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 Shamrock, 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 Shamrock, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shamrock, 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 Shamrock, 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 Shamrock, 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 Shamrock, 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 Shamrock, 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 Shamrock, Texas offer a vital financial solution for individuals looking to purchase a new home before selling their current one. This type of loan provides the flexibility to secure a new property quickly without being contingent on selling the existing home first. Demographically, Shamrock, Texas is a small town with a population of approximately 2,000 residents. The town boasts a friendly community atmosphere with a mix of families, young professionals, and retirees. The cost of living in Shamrock is relatively low compared to larger cities, making it an attractive place to live. In terms of the housing market, Shamrock, Texas offers a range of affordable housing options, including single-family homes, townhouses, and apartments. The market is stable with moderate appreciation rates, making it a sound investment for homebuyers. Bridge loans can help individuals take advantage of these opportunities quickly. Main attractions in Shamrock include the iconic U-Drop Inn Café, a historic and architecturally significant building on Route 66. Visitors can also explore the nearby Pioneer West Museum, which showcases the town's rich history and heritage. Shamrock's quaint shops and restaurants add to its charm, making it a delightful place to call home.
Benefits of Bridge Loans in Shamrock, Texas
