Get Approved at The Lowest Rate
Navigating the process of buying a new home in Throckmorton, 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 Throckmorton, TX or getting it ready for the market.
Identify the new home you want to buy in Throckmorton, 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 Throckmorton, 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 Throckmorton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Throckmorton, 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 Throckmorton, 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 Throckmorton, 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 Throckmorton, 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 Throckmorton, 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 Throckmorton, Texas provide a lucrative financing option for homebuyers. These short-term loans allow buyers to bridge the gap between the purchase of a new home and the sale of their existing property. One of the key benefits is the quick access to funds, which enables buyers to move swiftly in a competitive market. Throckmorton, Texas, boasts a diverse population with a mix of age groups and ethnicities. The town has a strong community spirit, making it an ideal place for families and individuals seeking a close-knit neighborhood. The town's population has been steadily growing, indicating its popularity among residents looking for a peaceful yet vibrant community. The housing market in Throckmorton, Texas, offers a range of options for potential buyers. From historic homes with character to modern developments, there is something for everyone. The market is dynamic, with a mix of affordable and luxury properties available. Bridge loans can be particularly beneficial in such a market, allowing buyers to secure their dream home without delays. Throckmorton, Texas, is home to several main attractions that add to its charm. The town's rich history is reflected in its museums and historic sites, offering visitors a glimpse into the past. For outdoor enthusiasts, the scenic parks and recreational areas provide ample opportunities for relaxation and adventure, making Throckmorton a desirable place to live and explore.
Benefits of Bridge Loans in Throckmorton, Texas
