Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wortham, 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 Wortham, TX or getting it ready for the market.
Identify the new home you want to buy in Wortham, 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 Wortham, 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 Wortham, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wortham, 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 Wortham, 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 Wortham, 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 Wortham, 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 Wortham, 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 Wortham, Texas offer a convenient financing solution for homeowners looking to purchase a new property without selling their current home first. This type of loan provides short-term funding that bridges the gap between the purchase of a new home and the sale of an existing one, allowing homeowners to secure their new home quickly. Demographically, Wortham, Texas is a small but charming town with a population of around 1000 residents. The community is tight-knit, and the town is known for its friendly atmosphere and welcoming residents. Wortham offers a peaceful countryside setting, making it an ideal place for those seeking a quiet and close-knit community. In terms of the housing market, Wortham, Texas offers a diverse range of housing options, from historic homes to modern properties. The real estate market in Wortham is stable, with a mix of affordable and upscale homes. Bridge loans can help buyers take advantage of the various housing options available in Wortham without the pressure of selling their current home first. Some of the main attractions in Wortham include the Wortham World of Science Museum, which offers interactive exhibits for all ages. The town is also home to several parks and outdoor recreational areas, making it a great place for nature lovers and outdoor enthusiasts. Additionally, Wortham hosts various community events and festivals throughout the year, fostering a sense of community spirit among residents.
Benefits of Bridge Loans in Wortham, Texas
