Get Approved at The Lowest Rate
Navigating the process of buying a new home in Corrigan, 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 Corrigan, TX or getting it ready for the market.
Identify the new home you want to buy in Corrigan, 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 Corrigan, 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 Corrigan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Corrigan, 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 Corrigan, 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 Corrigan, 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 Corrigan, 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 Corrigan, 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 Corrigan, Texas offer a flexible and convenient financing option for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of the current one. This can be particularly beneficial in competitive real estate markets where timing is critical. Demographics: Corrigan, Texas, a small town with a population of around 1,600 residents, offers a tight-knit community feel. The town has a diverse demographic makeup, including families, retirees, and young professionals. The cost of living in Corrigan is relatively low compared to larger urban areas, making it an attractive option for those seeking a quieter lifestyle. Housing Market: The housing market in Corrigan, Texas, is stable with a range of affordable housing options available. Bridge loans can help potential buyers secure their dream home quickly without being held back by the need to sell their current property first. This flexibility can give buyers a competitive edge in the market. Main Attractions: Corrigan offers a charming downtown area with local shops and restaurants, as well as outdoor recreational opportunities such as fishing and hiking in nearby parks. The town's proximity to natural attractions like the Davy Crockett National Forest adds to its appeal for outdoor enthusiasts.
The Benefits of Bridge Loans in Corrigan, Texas
