Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wichita Falls, 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 Wichita Falls, TX or getting it ready for the market.
Identify the new home you want to buy in Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, 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 provide timely financing solutions for individuals looking to buy a new home before selling their current one. They offer flexibility, fast approval processes, and smooth transitions between properties. Demographics: Wichita Falls, Texas, is a vibrant city with a diverse population. The median age is around 32 years old, and the cost of living is relatively affordable. The city boasts a mix of families, young professionals, and retirees. Housing Market: The housing market in Wichita Falls is stable and offers a range of options from historic homes to modern apartments. The median home price is below the national average, making it an attractive location for first-time buyers and investors. Main Attractions: Wichita Falls is known for its outdoor recreational opportunities, including the Wichita Mountains Wildlife Refuge and Lucy Park. The city also hosts events like the Hotter'N Hell Hundred bike race and has a vibrant arts and cultural scene.
Bridge Loans in Wichita Falls, Texas
