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Navigating the process of buying a new home in Briggs, 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 Briggs, TX or getting it ready for the market.
Identify the new home you want to buy in Briggs, 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 Briggs, 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 Briggs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Briggs, 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 Briggs, 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 Briggs, 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 Briggs, 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 Briggs, 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 Briggs, Texas offer a convenient and flexible financing option for individuals looking to purchase a new home before selling their existing one. These loans provide quick access to funds, enabling buyers to secure a new property without the stress of waiting for their current home to sell. Demographics in Briggs, Texas reveal a small but growing community with a population of approximately 300 residents. The town has a rural charm and close-knit atmosphere, making it an ideal place for families and individuals seeking a peaceful environment with easy access to larger cities like Austin. The housing market in Briggs, Texas is characterized by a mix of traditional single-family homes, modern developments, and spacious rural properties. The real estate market in Briggs offers diverse options for homebuyers, with competitive pricing and a range of property sizes to suit different needs and preferences. Some main attractions in Briggs, Texas include the picturesque Briggs Community Center, ideal for social events and gatherings. Outdoor enthusiasts can explore the nearby Longhorn Cavern State Park, known for its stunning natural features and hiking trails. Additionally, the annual Briggs Rattlesnake Roundup attracts visitors with its unique blend of entertainment and cultural experiences.
Benefits of Bridge Loans in Briggs, Texas
