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Navigating the process of buying a new home in Whitt, 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 Whitt, TX or getting it ready for the market.
Identify the new home you want to buy in Whitt, 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 Whitt, 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 Whitt, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whitt, 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 Whitt, 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 Whitt, 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 Whitt, 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 Whitt, 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 Whitt, Texas offer a convenient financing option for homebuyers, allowing them to purchase a new home before selling their existing one. This can help avoid the stress of timing issues and potential gaps in residence. Additionally, bridge loans provide flexibility and quick access to funds, making them ideal for competitive real estate markets where quick transactions are crucial. Whitt, Texas, located in Parker County, has a diverse population with a mix of young families and retirees. The community enjoys a low crime rate and a strong sense of belonging. The area boasts good schools, making it a desirable location for families looking to settle down. The housing market in Whitt is stable, offering a range of housing options from single-family homes to ranch-style properties. The median home price is affordable compared to nearby urban centers, making it an attractive option for first-time buyers and investors. With increasing demand for housing in the area, property values are expected to appreciate steadily. Whitt, Texas, is known for its scenic beauty and outdoor recreational opportunities. Residents and visitors can enjoy hiking and biking trails, fishing spots, and community events. The town's proximity to natural attractions and parks makes it a haven for outdoor enthusiasts looking to escape the hustle and bustle of city life.
Bridge Loans in Whitt, Texas