Get Approved at The Lowest Rate
Navigating the process of buying a new home in Whitharral, 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 Whitharral, TX or getting it ready for the market.
Identify the new home you want to buy in Whitharral, 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 Whitharral, 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 Whitharral, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whitharral, 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 Whitharral, 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 Whitharral, 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 Whitharral, 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 Whitharral, 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 Whitharral, Texas offer a valuable financing solution for individuals looking to bridge the gap between the purchase of a new home and the sale of their current one. These short-term loans can provide the necessary funds to secure a new property while awaiting the sale of the old one, offering flexibility and peace of mind to homeowners. Demographically, Whitharral is a small town in Hockley County, Texas, with a close-knit community and a population of approximately 200 residents. The town boasts a low cost of living, making it an attractive option for those looking to enjoy a quieter, more affordable lifestyle in the Lone Star State. In terms of the housing market, Whitharral offers a mix of charming single-family homes and spacious properties with land. The real estate market is characterized by affordable prices and a stable outlook, making it an ideal location for families, retirees, and individuals looking to invest in property. Some main attractions in Whitharral include the picturesque Hockley County Park, perfect for outdoor activities and leisurely picnics, as well as the vibrant local community center, which hosts various events and activities throughout the year, fostering a strong sense of community among residents.
Benefits of Bridge Loans in Whitharral, Texas
