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Navigating the process of buying a new home in Chriesman, 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 Chriesman, TX or getting it ready for the market.
Identify the new home you want to buy in Chriesman, 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 Chriesman, 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 Chriesman, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chriesman, 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 Chriesman, 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 Chriesman, 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 Chriesman, 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 Chriesman, 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 flexibility in timing when buying a new home in Chriesman, Texas. They allow homeowners to purchase a new property before selling their existing one, preventing them from missing out on their dream home. Demographics: Chriesman, Texas, has a population of approximately 300 residents with a diverse community makeup. The area boasts a rich cultural history and a strong sense of community spirit. Housing Market: The housing market in Chriesman offers a mix of historic homes and modern properties. With the help of bridge loans, homeowners can take advantage of the competitive real estate market in the area and secure their ideal home. Main Attractions: Chriesman is known for its beautiful parks, hiking trails, and local art scene. Residents can enjoy the serene countryside while still having easy access to urban amenities in nearby cities.
Benefits of Bridge Loans in Chriesman, Texas
