Get Approved at The Lowest Rate
Navigating the process of buying a new home in Skellytown, 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 Skellytown, TX or getting it ready for the market.
Identify the new home you want to buy in Skellytown, 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 Skellytown, 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 Skellytown, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Skellytown, 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 Skellytown, 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 Skellytown, 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 Skellytown, 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 Skellytown, 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 Skellytown offer a convenient financing option for homebuyers allowing them to close on a new home before selling their existing one. This flexibility helps avoid the stress of coordinating two transactions simultaneously. Skellytown, Texas, has a population of approximately 500 residents. The town boasts a tight-knit community, great schools, and a low crime rate, making it an ideal place to raise a family or enjoy a peaceful retirement. The housing market in Skellytown is competitive yet affordable. With a median home price below the national average, aspiring homeowners can find a range of properties to suit their needs, whether they prefer a quaint single-family home or a spacious ranch-style estate. Skellytown's main attractions include the nearby Lake Meredith National Recreation Area, offering outdoor enthusiasts opportunities for fishing, boating, and hiking. The town's rich history is also evident in its well-preserved architecture and local museums.
Benefits of Bridge Loans in Skellytown, Texas
