Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cushing, 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 Cushing, TX or getting it ready for the market.
Identify the new home you want to buy in Cushing, 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 Cushing, 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 Cushing, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cushing, 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 Cushing, 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 Cushing, 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 Cushing, 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 Cushing, 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 offer a convenient and flexible financing solution for homeowners in Cushing, Texas who need to purchase a new home before selling their current one. These loans provide short-term funding to bridge the gap between the purchase of a new home and the sale of an existing property, allowing homeowners to make a smooth transition without the stress of timing constraints. Cushing, Texas, with a population of approximately 600 residents, offers a tight-knit community feel with a low cost of living compared to larger cities. The town boasts a diverse population with a blend of cultures, creating a welcoming and inclusive environment for residents of all backgrounds. The housing market in Cushing, Texas, is known for its affordability and variety. With a range of single-family homes, ranch-style properties, and spacious plots of land available, homeowners have plenty of options to choose from at different price points. The market is stable, making it an attractive destination for those looking to invest in real estate. Some of the main attractions in Cushing include the beautiful Davy Crockett National Forest, offering outdoor enthusiasts a chance to explore hiking trails, fishing spots, and wildlife. The town also features historic sites such as the Sterne-Hoya House Museum and Library, providing a glimpse into the area's rich heritage and culture.
Benefits of Bridge Loans in Cushing, Texas
