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Navigating the process of buying a new home in Christine, 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 Christine, TX or getting it ready for the market.
Identify the new home you want to buy in Christine, 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 Christine, 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 Christine, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Christine, 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 Christine, 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 Christine, 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 Christine, 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 Christine, 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 Christine, Texas offer a convenient solution for individuals looking to purchase a new property before selling their current home. These loans provide short-term financing that bridges the gap between the sale of your existing home and the purchase of a new one, allowing for a smoother transition without the stress of having to wait for one sale to complete before proceeding with the other. Demographics: Christine, Texas, is a small rural town with a population of around X residents. The community is tight-knit, with a mix of families, retirees, and young professionals. The town boasts a strong sense of community and a low cost of living, making it an attractive option for those looking for a peaceful place to call home. Housing Market: The housing market in Christine, Texas, is currently experiencing steady growth, with a variety of property options available to buyers. Bridge loans can be particularly beneficial in this market, as they provide flexibility and allow buyers to act quickly when their dream home becomes available without having to worry about the timing of selling their current property. Main Attractions: Despite its small size, Christine offers a range of attractions for residents and visitors to enjoy. From local parks and outdoor recreational activities to charming boutiques and restaurants, there is something for everyone in this quaint town. Additionally, the town's proximity to larger cities provides easy access to a wider array of amenities and entertainment options.
Benefits of Bridge Loans in Christine, Texas