Get Approved at The Lowest Rate
Navigating the process of buying a new home in Springtown, 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 Springtown, TX or getting it ready for the market.
Identify the new home you want to buy in Springtown, 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 Springtown, 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 Springtown, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Springtown, 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 Springtown, 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 Springtown, 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 Springtown, 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 Springtown, 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 timely financial solutions by providing quick access to funds for individuals looking to purchase a new home before selling their current property. In Springtown, Texas, this type of loan can be highly advantageous, especially in a competitive housing market. Demographics in Springtown show a growing population of young families and professionals attracted to the area's peaceful surroundings and family-friendly environment. With a median household income surpassing the state average, residents have the means to explore housing options with the help of bridge loans. The housing market in Springtown remains robust, with a variety of properties available to suit different preferences and budgets. Bridge loans can facilitate the buying process by providing temporary financing, enabling homebuyers to secure their dream homes in a desirable location.
Benefits of Bridge Loans in Springtown, Texas
