Get Approved at The Lowest Rate
Navigating the process of buying a new home in Waring, 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 Waring, TX or getting it ready for the market.
Identify the new home you want to buy in Waring, 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 Waring, 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 Waring, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Waring, 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 Waring, 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 Waring, 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 Waring, 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 Waring, 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!
Benefits: Bridge loans offer quick financing for homeowners looking to purchase a new home before selling their current one. They provide flexibility, enabling individuals to secure funds without waiting for their existing home to sell. Demographics: Waring, Texas, boasts a diverse population with a mix of young families, professionals, and retirees. The town has a strong sense of community and is known for its welcoming atmosphere. Housing Market: The housing market in Waring is thriving, with a range of properties available to suit different budgets and preferences. Bridge loans can help buyers seize opportunities in this competitive market. Main Attractions: Waring offers a unique blend of natural beauty and cultural sites. From hiking trails in the nearby hills to local art galleries and historic buildings, the town has something for everyone.
Benefits of Bridge Loans in Waring, Texas
