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Navigating the process of buying a new home in Art, 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 Art, TX or getting it ready for the market.
Identify the new home you want to buy in Art, 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 Art, 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 Art, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Art, 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 Art, 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 Art, 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 Art, 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 Art, 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 Art, Texas offer a flexible financing option for those looking to purchase a new home before selling their current one. This type of loan provides short-term funding to bridge the gap between selling and buying, helping homeowners avoid timing issues and allowing them to secure their new property quickly. Demographics in Art, Texas show a diverse community with a mix of families, young professionals, and retirees. The town boasts a vibrant art scene, attracting creatives from all over. With a strong sense of community, residents in Art enjoy a peaceful and welcoming environment perfect for raising families or enjoying retirement. The housing market in Art, Texas is booming with a variety of options ranging from historic homes to modern condos. Bridge loans are particularly beneficial in this market as they enable buyers to act fast when their dream property hits the market. Despite the competitive market, property prices in Art remain reasonable, making it an attractive location for homebuyers.
Benefits of Bridge Loans in Art, Texas
