Get Approved at The Lowest Rate
Navigating the process of buying a new home in Whitewright, 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 Whitewright, TX or getting it ready for the market.
Identify the new home you want to buy in Whitewright, 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 Whitewright, 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 Whitewright, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whitewright, 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 Whitewright, 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 Whitewright, 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 Whitewright, 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 Whitewright, 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 Whitewright, Texas provide quick financing solutions for individuals looking to purchase a new property before selling their existing home. These short-term loans offer flexibility and convenience, allowing homeowners to bridge the gap between buying and selling without missing out on their dream home. Demographics in Whitewright show a close-knit community with a population that values a small-town feel. The area boasts a mix of young families, retirees, and professionals, creating a diverse and welcoming environment for residents of all ages. When it comes to the housing market in Whitewright, Texas, the area offers a range of opportunities for both buyers and sellers. With steady appreciation rates and affordable home prices compared to nearby cities, Whitewright presents a favorable market for those looking to invest in real estate. Main attractions in Whitewright include historic downtown charm, picturesque parks, and local events that showcase the town's rich culture and heritage. Residents and visitors can enjoy outdoor activities, community festivals, and a vibrant arts scene that contribute to the town's unique appeal.
Benefits of Bridge Loans in Whitewright, Texas