Get Approved at The Lowest Rate
Navigating the process of buying a new home in Clayton, 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 Clayton, TX or getting it ready for the market.
Identify the new home you want to buy in Clayton, 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 Clayton, 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 Clayton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Clayton, 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 Clayton, 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 Clayton, 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 Clayton, 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 Clayton, 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 helpful financial solution for Clayton, Texas residents looking to purchase a new home before selling their current one. By providing interim financing, bridge loans bridge the gap between the sale of the existing home and the purchase of a new one, enabling homeowners to secure their dream home without delays or missed opportunities. Demographics in Clayton, Texas show a growing community with a mix of families, young professionals, and retirees. The town enjoys a close-knit atmosphere with access to good schools, healthcare facilities, and recreational areas, making it an ideal place for individuals looking to settle down or raise a family. The housing market in Clayton, Texas is thriving, with a range of housing options available from single-family homes to townhouses and apartments. With competitive prices and low-interest rates, the market is attractive for both buyers and sellers, making it a prime location for real estate investments and property development. Some of the main attractions in Clayton, Texas include the scenic Clayton Lake State Park, known for its fishing and camping opportunities, as well as the historic downtown area with charming shops, restaurants, and cultural events. Additionally, the town hosts annual festivals and community gatherings that showcase the local talent and heritage, creating a vibrant and welcoming environment for residents and visitors alike.
The Benefits of Bridge Loans in Clayton, Texas
