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Navigating the process of buying a new home in Campbellton, 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 Campbellton, TX or getting it ready for the market.
Identify the new home you want to buy in Campbellton, 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 Campbellton, 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 Campbellton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Campbellton, 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 Campbellton, 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 Campbellton, 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 Campbellton, 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 Campbellton, 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 are a valuable financial tool in Campbellton, Texas, offering numerous benefits to both homebuyers and real estate investors. These short-term loans provide quick access to funds, enabling borrowers to secure a new property before selling their existing one. This flexibility can be crucial in competitive markets, giving borrowers a strategic advantage in securing their dream home. Demographically, Campbellton is a diverse and vibrant community located in Atascosa County, Texas. With a population of approximately 2,000 residents, the town offers a close-knit and welcoming atmosphere. The area is known for its rich cultural heritage and strong sense of community, making it an ideal place to call home. In terms of the housing market, Campbellton presents promising opportunities for buyers and investors alike. With a growing demand for housing and competitive pricing, the market is dynamic and offers potential for appreciation. Bridge loans can help individuals take advantage of these opportunities by providing the necessary funds to make timely purchases and investments. Some of the main attractions in Campbellton include the picturesque Atascosa River Park, which offers stunning views and recreational activities for residents and visitors. The town also boasts a variety of local shops, restaurants, and cultural landmarks, providing a diverse range of experiences for individuals of all interests.
Benefits of Bridge Loans in Campbellton, Texas
