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Navigating the process of buying a new home in Blue Ridge, 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 Blue Ridge, TX or getting it ready for the market.
Identify the new home you want to buy in Blue Ridge, 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 Blue Ridge, 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 Blue Ridge, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blue Ridge, 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 Blue Ridge, 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 Blue Ridge, 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 Blue Ridge, 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 Blue Ridge, 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 quick access to funds for homeowners in Blue Ridge, Texas, allowing them to bridge the gap between selling their current home and buying a new one. This can prevent missed opportunities in the fast-paced real estate market and facilitate a smoother transition. Blue Ridge, Texas, is a quaint town with a population of approximately 900 residents. The community is known for its friendly atmosphere, low crime rates, and excellent schools, making it an attractive place to live for families and retirees alike. The housing market in Blue Ridge has seen steady growth in recent years, with property values appreciating as demand for homes in the area continues to rise. Bridge loans can help buyers take advantage of these favorable market conditions and secure their dream home without delay. Some of the main attractions in Blue Ridge include the beautiful Blue Ridge Park, which offers hiking trails and picnic areas, and the historic Downtown area with its charming shops and restaurants. Residents also enjoy easy access to nearby Lake Lavon, ideal for boating and fishing activities.
Benefits of Bridge Loans in Blue Ridge, Texas
