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Navigating the process of buying a new home in Buffalo Gap, 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 Buffalo Gap, TX or getting it ready for the market.
Identify the new home you want to buy in Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, Texas offer a flexible financing option for homeowners looking to purchase a new property before selling their current one. This can help avoid the stress of timing the sale and purchase perfectly. Demographics in Buffalo Gap show a close-knit community with a population that values historical preservation. The town is home to a mix of families, retirees, and young professionals, creating a diverse and vibrant atmosphere. The housing market in Buffalo Gap is stable, with a range of property options from historic homes to modern builds. Bridge loans can provide the necessary financial support to secure a property in this desirable market. Main attractions in Buffalo Gap include the iconic Buffalo Gap Historic Village, offering a glimpse into the town's rich history. Outdoor enthusiasts can explore nearby parks and hiking trails, making it an ideal location for nature lovers.
Benefits of Bridge Loans in Buffalo Gap, Texas
