Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wolfe City, 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 Wolfe City, TX or getting it ready for the market.
Identify the new home you want to buy in Wolfe City, 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 Wolfe City, 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 Wolfe City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wolfe City, 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 Wolfe City, 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 Wolfe City, 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 Wolfe City, 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 Wolfe City, 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 offer short-term financing solutions that help facilitate smooth transitions in real estate transactions. In Wolfe City, Texas, these loans are especially beneficial for homebuyers who need to secure funds quickly to bridge the gap between the purchase of a new home and the sale of their existing one. Demographically, Wolfe City is a charming community located in Hunt County with a population of approximately 1,400 residents. The town offers a tight-knit community feel, with a mix of young families and retirees enjoying the quiet and peaceful surroundings. When it comes to the housing market, Wolfe City boasts a variety of housing options, including historic homes, modern developments, and spacious ranch-style properties. The market is relatively stable, with a steady increase in property values over the past few years, making it an attractive location for both buyers and sellers. Some main attractions in Wolfe City include the Wolfe City Historical Museum, where visitors can learn about the town's rich history, as well as beautiful outdoor spaces like Lake Bonham and Bonham State Park, offering recreational opportunities for residents and tourists alike.
The Benefits of Bridge Loans in Wolfe City, Texas
