Get Approved at The Lowest Rate
Navigating the process of buying a new home in Shelbyville, 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 Shelbyville, TX or getting it ready for the market.
Identify the new home you want to buy in Shelbyville, 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 Shelbyville, 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 Shelbyville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shelbyville, 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 Shelbyville, 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 Shelbyville, 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 Shelbyville, 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 Shelbyville, 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 Shelbyville, Texas offer a versatile financing option for individuals who are looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide short-term financing, allowing borrowers to access funds quickly and conveniently, without impacting their credit score significantly. Shelbyville, Texas has a diverse demographic makeup, with a mix of families, young professionals, and retirees calling the area home. The community boasts a strong sense of unity and pride, making it an ideal location for those seeking a close-knit and supportive neighborhood. The housing market in Shelbyville, Texas is dynamic and offers a range of options for potential buyers. Whether you are looking for a cozy starter home, a spacious family residence, or a quaint retirement property, Shelbyville has something for everyone. The market is characterized by steady growth and reasonable pricing, making it an attractive location for real estate investment. Shelbyville, Texas is home to a variety of main attractions that cater to residents and visitors alike. From historic sites and cultural landmarks to outdoor recreation areas and local eateries, there is no shortage of things to see and do in Shelbyville. Whether you enjoy exploring nature or immersing yourself in local history, Shelbyville has something to offer everyone.
Bridge Loans in Shelbyville, Texas
