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Navigating the process of buying a new home in Crawford, 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 Crawford, TX or getting it ready for the market.
Identify the new home you want to buy in Crawford, 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 Crawford, 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 Crawford, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crawford, 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 Crawford, 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 Crawford, 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 Crawford, 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 Crawford, 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 Crawford, Texas offer a convenient financing solution for homeowners who are looking to purchase a new home before selling their current one. These loans provide the necessary funds to bridge the gap between the sale of the existing property and the purchase of a new one, avoiding the need to wait for the sale proceeds. Demographically, Crawford, Texas, a small town with a population of approximately 700 residents, offers a close-knit community feel with a rural atmosphere. The town boasts a low crime rate, good schools, and a strong sense of community pride, making it an attractive place to live for families and retirees alike. In terms of the housing market, Crawford, Texas, presents a mix of historic homes, ranch-style properties, and newer developments. With a median home price below the national average, the town offers affordable housing options for those looking to buy or invest in real estate. The housing market in Crawford is stable, with moderate appreciation rates over recent years. Some of the main attractions in Crawford, Texas, include the Crawford Heritage Museum, which showcases the town's history and culture, as well as local parks and outdoor recreational areas perfect for hiking, fishing, and picnicking. Additionally, the proximity to Waco provides easy access to shopping, dining, and entertainment options.
Benefits of Bridge Loans in Crawford, Texas
