Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tolar, 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 Tolar, TX or getting it ready for the market.
Identify the new home you want to buy in Tolar, 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 Tolar, 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 Tolar, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tolar, 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 Tolar, 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 Tolar, 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 Tolar, 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 Tolar, 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 Tolar, Texas offer a convenient and flexible financing option for homeowners who are looking to purchase a new home before selling their current one. These loans provide the funds needed to bridge the gap between the sale of the old property and the purchase of a new one, preventing delays and ensuring a smooth transition. Demographically, Tolar, Texas, is a small town with a close-knit community. The population is predominantly made up of families and individuals looking for a peaceful and friendly environment to call home. The town boasts a low crime rate and excellent schools, making it an ideal place to raise a family. When it comes to the housing market, Tolar, Texas, offers a range of options for potential buyers. The market is stable with affordable prices compared to larger cities in the state. With the help of bridge loans, buyers can take advantage of these favorable conditions to secure their dream home without the stress of timing constraints. Some main attractions in Tolar, Texas, include the picturesque Tolar Park, where residents can enjoy outdoor activities such as picnicking and fishing. The town also hosts community events throughout the year, bringing neighbors together and fostering a strong sense of belonging.
Benefits of Bridge Loans in Tolar, Texas
