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Navigating the process of buying a new home in Afton, 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 Afton, TX or getting it ready for the market.
Identify the new home you want to buy in Afton, 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 Afton, 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 Afton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Afton, 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 Afton, 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 Afton, 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 Afton, 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 Afton, 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!
A bridge loan in Afton, Texas can provide immediate access to funds for individuals looking to purchase a new home before selling their existing one. This can help avoid the stress of timing constraints and potential financial gaps. Demographically, Afton, Texas is a small town with a population that values community and small-town charm. The residents are known for their friendliness and welcoming nature, creating a tight-knit community atmosphere. In the housing market, Afton offers a mix of historic homes and modern properties, catering to various preferences. The market is stable, with steady appreciation rates, making it an attractive location for both homeowners and investors. Main attractions in Afton include the beautiful Afton Lake Park, offering recreational activities for residents and visitors. The town also hosts annual events that celebrate its rich history and culture, creating a vibrant and engaging community for all.
Benefits of Bridge Loans in Afton, Texas
