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Navigating the process of buying a new home in Bryson, 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 Bryson, TX or getting it ready for the market.
Identify the new home you want to buy in Bryson, 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 Bryson, 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 Bryson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bryson, 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 Bryson, 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 Bryson, 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 Bryson, 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 Bryson, 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 Bryson, Texas offer a convenient financing option for homeowners who are looking to purchase a new home before selling their current one. This type of loan provides temporary funding to bridge the gap between the sale of the existing property and the purchase of a new one, allowing individuals to move quickly without being tied down by the sale of their current home. Demographics: Bryson, Texas, is a charming small town with a population of around 500 residents. The community is close-knit, offering a peaceful and family-friendly environment. Residents in Bryson tend to be homeowners, with a mix of families, young professionals, and retirees enjoying the relaxed lifestyle that the town has to offer. Housing Market: The housing market in Bryson, Texas, is stable with a range of properties available, from cozy single-family homes to spacious ranch-style houses. The median home price in Bryson is affordable, making it an attractive location for first-time homebuyers and those looking to invest in a new property. The demand for homes in Bryson is steady, with properties typically spending a short time on the market. Main Attractions: Despite its small size, Bryson offers a variety of outdoor recreational activities for residents and visitors. The town is surrounded by picturesque natural landscapes, making it a haven for hiking, fishing, and camping enthusiasts. Additionally, Bryson is known for its friendly community events, local shops, and charming downtown area that adds to its unique appeal.
Benefits of Bridge Loans in Bryson, Texas
