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Navigating the process of buying a new home in Center, 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 Center, TX or getting it ready for the market.
Identify the new home you want to buy in Center, 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 Center, 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 Center, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Center, 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 Center, 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 Center, 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 Center, 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 Center, 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 a short-term financing solution for homeowners wanting to buy a new property before selling their existing one. In Center, Texas, these loans provide the flexibility to secure a new home without waiting for the sale of the current one, avoiding the risk of missing out on a desired property. Center, Texas, boasts a diverse demographic profile with a population that includes young professionals, families, and retirees. The town showcases a close-knit community atmosphere, making it an ideal place for individuals seeking a friendly and welcoming environment. The housing market in Center, Texas, is dynamic, with a range of property options available to suit different preferences and budgetary requirements. The town offers a mix of charming single-family homes, modern apartments, and spacious properties, catering to various lifestyle needs. Main attractions in Center, Texas, include the popular Our Little Corner of the World, a historic downtown district brimming with local shops, cafes, and cultural landmarks. Additionally, outdoor enthusiasts can enjoy recreational activities at Toledo Bend Reservoir, known for its fishing and boating opportunities.
Benefits of Bridge Loans in Center, Texas
