Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sweetwater, 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 Sweetwater, TX or getting it ready for the market.
Identify the new home you want to buy in Sweetwater, 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 Sweetwater, 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 Sweetwater, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sweetwater, 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 Sweetwater, 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 Sweetwater, 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 Sweetwater, 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 Sweetwater, 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 a convenient option for homebuyers in Sweetwater, Texas, providing short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This allows buyers to secure their new property without waiting for their existing home to sell, avoiding the risk of missing out on their dream home. Demographically, Sweetwater boasts a diverse and vibrant community, with a mix of young professionals, families, and retirees. The city's population of approximately 10,000 residents enjoys a peaceful small-town atmosphere while being in close proximity to larger cities like Abilene. In terms of the housing market, Sweetwater offers a range of affordable options for both buyers and renters. The median home price is below the national average, making it an attractive destination for first-time homebuyers or those looking to invest in real estate. Bridge loans facilitate smooth transactions, giving buyers the flexibility needed to navigate the local market. Main attractions in Sweetwater include the iconic Rattlesnake Roundup, an annual event that draws visitors from all over the country to witness thrilling snake-handling demonstrations. The city is also known for its historic downtown area, charming boutiques, and picturesque parks, providing residents with a variety of recreational and cultural activities.
Benefits of Bridge Loans in Sweetwater, Texas
