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Navigating the process of buying a new home in Cross Plains, 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 Cross Plains, TX or getting it ready for the market.
Identify the new home you want to buy in Cross Plains, 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 Cross Plains, 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 Cross Plains, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, Texas offer numerous benefits for individuals looking to purchase a new home before selling their current one. These short-term loans provide the ability to make a down payment on a new property while waiting for the sale of the existing one, avoiding the need to delay the purchase. Demographically, Cross Plains is a quaint town in Texas with a population that has a mix of age groups, including families, retirees, and young professionals. The community is known for its friendly residents and close-knit atmosphere, making it an ideal place to raise a family or retire. In terms of the housing market, Cross Plains offers diverse options ranging from historical homes to modern developments. The market is relatively stable with reasonable prices, making it an attractive location for those seeking a peaceful yet convenient living environment. Main attractions in Cross Plains include beautiful parks, local eateries, and access to outdoor recreational activities like hiking, fishing, and camping. The town's rich history and vibrant community events provide residents with a strong sense of belonging and a high quality of life.
Bridge Loans in Cross Plains, Texas
