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Navigating the process of buying a new home in Altair, 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 Altair, TX or getting it ready for the market.
Identify the new home you want to buy in Altair, 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 Altair, 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 Altair, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Altair, 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 Altair, 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 Altair, 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 Altair, 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 Altair, 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 Altair, Texas offer several advantages to homebuyers, allowing them to quickly purchase a new home before selling their current one. These loans provide short-term financing to cover the gap between the sale of their existing home and the purchase of a new one, preventing buyers from missing out on their dream property. Demographics: Altair, Texas, has a diverse population consisting of families, professionals, and retirees. The town is known for its close-knit community and small-town charm, making it an ideal place for those seeking a peaceful and friendly environment. Housing Market: The housing market in Altair, Texas, is vibrant with a range of properties available, from quaint cottages to modern family homes. The town offers affordable housing options, making it attractive to first-time buyers and families looking to settle down in a quiet yet convenient location. Main Attractions: Altair boasts a variety of attractions, including beautiful parks, local shops, and restaurants. Residents can enjoy outdoor activities like hiking and camping in the nearby natural areas, making it a perfect place for nature lovers and outdoor enthusiasts.
Benefits of Bridge Loans in Altair, Texas
