Get Approved at The Lowest Rate
Navigating the process of buying a new home in Winfield, 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 Winfield, TX or getting it ready for the market.
Identify the new home you want to buy in Winfield, 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 Winfield, 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 Winfield, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Winfield, 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 Winfield, 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 Winfield, 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 Winfield, 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 Winfield, 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 Winfield, Texas offer a convenient financing solution for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of the current one, providing financial flexibility and reducing the stress of buying a new home. Winfield, Texas, located in Titus County, has a population of approximately 500 residents. The town boasts a close-knit community feel, low crime rates, and a strong sense of local pride. Residents enjoy a peaceful rural lifestyle with easy access to larger cities like Mount Pleasant and Dallas. The housing market in Winfield, Texas, is currently experiencing steady growth. With a mix of historic homes and new developments, there are options to suit various preferences and budgets. Bridge loans can be particularly beneficial in this market to secure a new property quickly and take advantage of the growing real estate opportunities in the area. Winfield, Texas, offers a range of attractions for residents and visitors alike. From exploring the picturesque Titus County Courthouse to enjoying outdoor activities in the nearby Lake Bob Sandlin State Park, there is no shortage of things to see and do in this charming town.
Benefits of Bridge Loans in Winfield, Texas
