Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sulphur Springs, 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 Sulphur Springs, TX or getting it ready for the market.
Identify the new home you want to buy in Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, Texas offer a unique financing solution for those looking to buy a new home before selling their current property. This type of loan provides the flexibility to secure the new property without the constraints of waiting for the existing one to sell, making the transition smoother and less stressful. Demographically, Sulphur Springs, Texas, has a population of around 16,000 residents. The community is known for its friendly and welcoming atmosphere, making it an ideal place for families and individuals alike. The town boasts a diverse population, with a mix of young professionals, families, and retirees, creating a vibrant and dynamic community. As for the housing market in Sulphur Springs, Texas, it is currently experiencing steady growth. The real estate market offers a range of housing options, from historic homes in the downtown area to modern suburban developments. The median home price in Sulphur Springs is affordable, making it an attractive option for first-time buyers and investors alike. Some of the main attractions in Sulphur Springs include the Celebration District, which features shops, restaurants, and cultural events. The Southwest Dairy Museum is also a popular destination, showcasing the history of dairy farming in the region. Outdoor enthusiasts can enjoy Lake Sulphur Springs for fishing, boating, and picnicking.
The Benefits of Bridge Loans in Sulphur Springs, Texas
