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Navigating the process of buying a new home in Crockett, 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 Crockett, TX or getting it ready for the market.
Identify the new home you want to buy in Crockett, 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 Crockett, 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 Crockett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crockett, 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 Crockett, 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 Crockett, 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 Crockett, 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 Crockett, 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 Crockett, Texas provide a valuable financial tool for homeowners who are in the process of selling their current home and buying a new one. This type of loan allows individuals to access the equity in their existing home to fund the purchase of a new property, bridging the gap between the sale of one property and the purchase of another. Demographics: Crockett, Texas, is a charming rural town with a population of approximately 6,500 residents. The community is known for its strong sense of camaraderie and close-knit neighborhoods, making it an ideal place for families and retirees alike. Housing Market: The housing market in Crockett offers a mix of historic homes and new developments, catering to a range of preferences and budgets. With favorable interest rates and a stable market, now is a great time to consider investing in property in this quaint Texas town. Main Attractions: Crockett boasts a variety of attractions, including the Davy Crockett National Forest, where outdoor enthusiasts can enjoy hiking, camping, and fishing. The downtown area is filled with local shops and restaurants, offering a taste of small-town charm.
The Benefits of Bridge Loans in Crockett, Texas
