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Navigating the process of buying a new home in Earth, 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 Earth, TX or getting it ready for the market.
Identify the new home you want to buy in Earth, 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 Earth, 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 Earth, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Earth, 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 Earth, 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 Earth, 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 Earth, 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 Earth, 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 Earth, Texas offer numerous advantages for homebuyers. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of a current property. This flexibility allows buyers to secure their new home quickly without being contingent on selling their old property first. Demographics in Earth, Texas show a small but close-knit community. With a population of around 1,000 residents, Earth offers a peaceful and neighborly environment. The town primarily consists of families and individuals looking for a charming rural lifestyle. The housing market in Earth, Texas is stable with a mix of affordable and mid-range options. Bridge loans can help buyers take advantage of the current market conditions, including low interest rates and a variety of housing choices. Whether you're looking for a cozy family home or a spacious property, Earth has something for everyone. Main attractions in Earth, Texas include the Earth Museum, showcasing the town's history and heritage. Outdoor enthusiasts can explore the nearby Caprock Canyons State Park for hiking and wildlife observation. Additionally, the local farmers market offers fresh produce and homemade goods, adding to the town's charm.
Benefits of Bridge Loans in Earth, Texas
