Get Approved at The Lowest Rate
Navigating the process of buying a new home in Whiteface, 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 Whiteface, TX or getting it ready for the market.
Identify the new home you want to buy in Whiteface, 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 Whiteface, 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 Whiteface, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whiteface, 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 Whiteface, 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 Whiteface, 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 Whiteface, 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 Whiteface, 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 of Bridge Loans Bridge loans offer interim financing for an individual or business until permanent financing or the next stage of financing is obtained. This can be advantageous in Whiteface, Texas, as it helps facilitate quick property purchases and bridge financial gaps. Demographics Whiteface, Texas, is a small town with a population of around 500 residents. The community is close-knit, with a mix of families and retirees. The town offers a peaceful and quiet environment, making it an attractive place for those seeking a more relaxed lifestyle. Housing Market The housing market in Whiteface, Texas, is relatively stable with affordable housing options available. Bridge loans can provide flexibility to buyers by enabling them to secure properties while waiting to sell their existing homes or arrange long-term financing. Main Attractions Whiteface, Texas, boasts scenic countryside views, offering outdoor activities such as hiking, fishing, and camping. The town also has a rich history, with landmarks like the Whiteface Heritage Museum attracting visitors interested in local culture.
Benefits of Bridge Loans in Whiteface, Texas
