Get Approved at The Lowest Rate
Navigating the process of buying a new home in Thrall, 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 Thrall, TX or getting it ready for the market.
Identify the new home you want to buy in Thrall, 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 Thrall, 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 Thrall, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Thrall, 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 Thrall, 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 Thrall, 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 Thrall, 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 Thrall, 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 the advantage of providing immediate financing to bridge the gap between the purchase of a new home and the sale of an existing one. In Thrall, Texas, this can be particularly beneficial due to the competitive housing market where quick transactions are essential. Thrall, a charming rural town in Texas, has a population of approximately 1,000 residents. The community is known for its friendly atmosphere, excellent schools, and affordable cost of living, making it an attractive place for families and individuals looking to settle down. The housing market in Thrall is characterized by a mix of traditional single-family homes and newer developments. With the median home price below the national average, Thrall offers affordable housing options for first-time buyers and those looking to invest in real estate. Bridge loans can provide the flexibility needed to secure a property in this competitive market. While in Thrall, visitors can explore attractions such as the Thrall Depot Museum, which showcases the town's history, or enjoy outdoor activities at the local parks and nature reserves. The laid-back lifestyle and close-knit community make Thrall a hidden gem in Texas worth considering for both residents and investors.
Benefits of Bridge Loans in Thrall, Texas
