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Navigating the process of buying a new home in Beasley, 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 Beasley, TX or getting it ready for the market.
Identify the new home you want to buy in Beasley, 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 Beasley, 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 Beasley, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Beasley, 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 Beasley, 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 Beasley, 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 Beasley, 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 Beasley, 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 Beasley, Texas offer a convenient financial solution for individuals looking to purchase a new home before selling their current one. These loans bridge the gap between the sale of the old home and the purchase of a new one, providing financial flexibility and enabling a smoother transition. Demographics: Beasley, a small town in Texas, has a population of approximately 600 residents. The town has a close-knit community with a mix of families and retirees. The median household income is around $50,000, and the cost of living is lower compared to nearby urban areas. Housing Market: The housing market in Beasley is stable, with a median home price of $200,000. The market offers a variety of housing options, from cozy single-family homes to larger properties with spacious yards. Bridge loans provide potential homebuyers with the flexibility to secure their dream home in this market. Main Attractions: Beasley is known for its rich history and charm. Visitors can explore the town's historic buildings, enjoy local dining at family-owned restaurants, and experience the natural beauty of nearby parks and outdoor recreational areas.
Benefits of Bridge Loans in Beasley, Texas
