Get Approved at The Lowest Rate
Navigating the process of buying a new home in Whitesboro, 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 Whitesboro, TX or getting it ready for the market.
Identify the new home you want to buy in Whitesboro, 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 Whitesboro, 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 Whitesboro, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whitesboro, 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 Whitesboro, 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 Whitesboro, 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 Whitesboro, 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 Whitesboro, 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 offer a convenient solution for homeowners in Whitesboro, Texas, who are looking to purchase a new home before selling their current one. These short-term loans provide the flexibility to access funds quickly, allowing individuals to secure a new property without having to wait for their existing home to sell. Whitesboro, Texas, is a vibrant community with a population that has been steadily growing in recent years. The town boasts a diverse demographic, including young families, professionals, and retirees, creating a welcoming and inclusive environment for residents of all ages. The housing market in Whitesboro, Texas, offers a range of options for homebuyers, from cozy starter homes to spacious family residences. With competitive prices and low interest rates, now is an opportune time to invest in real estate in this thriving market. Whitesboro, Texas, is home to a variety of attractions that appeal to residents and visitors alike. From the historic downtown district filled with charming shops and restaurants to the beautiful parks and recreational facilities, there is always something to see and do in this vibrant community.
Benefits of Bridge Loans in Whitesboro, Texas
