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Navigating the process of buying a new home in Claude, 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 Claude, TX or getting it ready for the market.
Identify the new home you want to buy in Claude, 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 Claude, 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 Claude, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Claude, 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 Claude, 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 Claude, 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 Claude, 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 Claude, 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!
Benefits of Bridge Loans: Bridge loans can provide quick financing for individuals looking to purchase a new home while waiting for their current home to sell. They offer flexibility and can help avoid the stress of coordinating buying and selling timelines. These loans can also be beneficial for investors looking to secure properties for renovation or resale, as they provide short-term capital to seize profitable opportunities without liquidating existing assets. Furthermore, bridge loans in Claude, Texas, can be customized to suit individual needs, offering competitive rates and terms to bridge the financial gap during transitional periods. Demographics in Claude, Texas: Claude, Texas, is a charming small town with a population of approximately 1,100 residents. The community is close-knit, with a mix of families, retirees, and young professionals contributing to its vibrant and welcoming atmosphere. Housing Market Overview: The housing market in Claude, Texas, offers a range of options from historic homes to modern properties. With a median home price below the national average, it presents affordable opportunities for first-time buyers and investors alike. Main Attractions: Claude is known for its scenic beauty, including Palo Duro Canyon State Park, which offers hiking, camping, and outdoor activities for nature enthusiasts. The town also boasts cultural attractions such as the Armstrong County Museum, showcasing the area's rich history.
Bridge Loans in Claude, Texas
