Get Approved at The Lowest Rate
Navigating the process of buying a new home in Blossom, 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 Blossom, TX or getting it ready for the market.
Identify the new home you want to buy in Blossom, 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 Blossom, 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 Blossom, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blossom, 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 Blossom, 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 Blossom, 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 Blossom, 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 Blossom, 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 offer a valuable financing solution for Blossom, Texas residents looking to purchase a new home before selling their existing one. These short-term loans provide immediate funds for a down payment, allowing homeowners to seize new opportunities without being tied down by the sale of their current property. Demographics in Blossom, Texas reveal a tight-knit community with a population of approximately 1,500 residents. The town boasts a mix of families and retirees, enjoying the rural charm and close proximity to larger cities like Paris. With a median household income above the state average, Blossom offers a promising market for real estate investments. The housing market in Blossom, Texas is vibrant, characterized by a diverse range of properties including traditional single-family homes, ranch-style houses, and expansive plots of land ideal for custom builds. Home prices are competitively priced, making the town an attractive destination for first-time buyers and families seeking affordable housing options. Main attractions in Blossom, Texas include the Blossom Festival, an annual celebration that showcases local talent, crafts, and cuisine. The town's picturesque parks and nature trails offer residents and visitors opportunities for outdoor recreation and relaxation, while the historic downtown area features charming boutiques and quaint cafes that capture the essence of small-town living.
Bridge Loans in Blossom, Texas
