Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wharton, 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 Wharton, TX or getting it ready for the market.
Identify the new home you want to buy in Wharton, 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 Wharton, 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 Wharton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wharton, 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 Wharton, 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 Wharton, 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 Wharton, 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 Wharton, 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 Wharton, Texas offer numerous benefits to both buyers and sellers in the real estate market. These short-term loans provide immediate financing to bridge the gap between the purchase of a new property and the sale of an existing one. One of the main advantages of bridge loans is the quick access to funds, allowing buyers to secure their dream home without delays. Wharton, Texas, with a diverse population of approximately 8,800 residents, offers a vibrant community with a mix of urban and rural living. The city boasts a rich cultural heritage, with a strong emphasis on arts and entertainment. The demographic makeup includes a blend of young professionals, families, and retirees, creating a dynamic and inclusive environment for all. The housing market in Wharton, Texas is thriving, with a range of affordable properties available for buyers. The city's real estate market is characterized by steady growth and competitive prices, making it an attractive location for both first-time homebuyers and seasoned investors. Bridge loans provide flexibility in purchasing decisions, enabling buyers to capitalize on favorable market conditions. Wharton, Texas is home to several main attractions that cater to residents and visitors alike. From the historic Wharton County Courthouse to the picturesque Wharton City Park, the city offers a variety of recreational and cultural amenities. Additionally, the nearby Colorado River provides opportunities for outdoor activities such as fishing, boating, and hiking, making Wharton a desirable place to live and explore.
Bridge Loans in Wharton, Texas: A Comprehensive Guide
