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Navigating the process of buying a new home in Crowley, 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 Crowley, TX or getting it ready for the market.
Identify the new home you want to buy in Crowley, 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 Crowley, 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 Crowley, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crowley, 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 Crowley, 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 Crowley, 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 Crowley, 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 Crowley, 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 Crowley, Texas offer several benefits to homeowners, including providing short-term financing to bridge the gap between the purchase of a new home and the sale of an existing one. These loans provide flexibility, allowing homeowners to buy a new property without having to wait for their current home to sell. Demographically, Crowley, Texas, is a vibrant community with a population that is diverse in age and background. The city boasts a strong sense of community and a family-friendly atmosphere. Residents enjoy easy access to nearby amenities, schools, and parks, making it an ideal place for families and individuals alike. The housing market in Crowley, Texas, is robust, with a variety of housing options available to suit different needs and preferences. The city offers a mix of single-family homes, townhouses, and apartments, catering to a range of budgets. The real estate market in Crowley is competitive, with steady demand and reasonable prices compared to neighboring areas. When it comes to attractions, Crowley, Texas, has much to offer residents and visitors. From sprawling parks and outdoor recreational areas to local dining and shopping options, there is something for everyone in this bustling city. Additionally, Crowley's proximity to major highways provides easy access to nearby cities and attractions, making it a convenient place to live.
Benefits of Bridge Loans in Crowley, Texas