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Navigating the process of buying a new home in Cost, 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 Cost, TX or getting it ready for the market.
Identify the new home you want to buy in Cost, 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 Cost, 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 Cost, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cost, 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 Cost, 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 Cost, 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 Cost, 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 Cost, 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 Cost, Texas offer several advantages to homeowners and investors. These short-term loans provide quick access to funds for purchasing a new property before selling an existing one, helping to bridge the financial gap seamlessly. Demographically, Cost, Texas, is a small yet vibrant community with a diverse population. The town enjoys a mix of residents from different backgrounds, contributing to a unique and welcoming atmosphere for both locals and visitors. The housing market in Cost, Texas, has shown steady growth in recent years, making it an attractive location for real estate investment. With competitive prices and increasing property values, the market presents opportunities for both buyers and sellers to benefit from favorable conditions. Main attractions in Cost, Texas, include scenic parks, historical landmarks, and local events that showcase the town's rich culture and heritage. Residents and tourists alike can enjoy outdoor activities, explore the town's history, and participate in community gatherings that make Cost a charming place to live and visit.
Benefits of Bridge Loans in Cost, Texas
