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Navigating the process of buying a new home in Comanche, 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 Comanche, TX or getting it ready for the market.
Identify the new home you want to buy in Comanche, 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 Comanche, 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 Comanche, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Comanche, 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 Comanche, 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 Comanche, 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 Comanche, 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 Comanche, 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 quick financing solution for those looking to buy a new home in Comanche, Texas before selling their current property. This can help avoid the stress of timing issues and allows for smoother transitions. Comanche, Texas, with a population of around 4,300, offers a close-knit community feel. The town boasts a rich history, friendly locals, and affordable cost of living, making it an attractive place to call home. The housing market in Comanche is diverse, with options ranging from historic homes to new constructions. Bridge loans can provide the necessary funds to secure a dream property while navigating the competitive real estate market in the area. Main attractions in Comanche include the Historic Comanche Square, featuring quaint shops and eateries, as well as the beautiful Proctor Lake for outdoor enthusiasts. Bridge loans can facilitate the purchase of a home near these attractions.
Benefits of Bridge Loans in Comanche, Texas