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Navigating the process of buying a new home in Waxahachie, 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 Waxahachie, TX or getting it ready for the market.
Identify the new home you want to buy in Waxahachie, 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 Waxahachie, 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 Waxahachie, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Waxahachie, 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 Waxahachie, 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 Waxahachie, 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 Waxahachie, 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 Waxahachie, 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!
A bridge loan in Waxahachie, Texas provides homeowners with the flexibility to purchase a new home before selling their current one, allowing for a smooth transition without the need to wait for the sale. Waxahachie, a city in Ellis County, Texas, has a diverse population with a mix of families and professionals. The median household income is above the national average, reflecting a stable and prosperous community. The housing market in Waxahachie offers a variety of options, from historic homes in the downtown area to newer developments in suburban neighborhoods. Property values have shown a steady increase, making it an attractive investment for buyers and sellers alike. Some of the main attractions in Waxahachie include the historic downtown area with its charming shops and restaurants, the Ellis County Museum showcasing local history, and the picturesque parks and recreational facilities that offer residents plenty of outdoor activities.
Benefits of Bridge Loans in Waxahachie, Texas
