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Navigating the process of buying a new home in Easton, 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 Easton, TX or getting it ready for the market.
Identify the new home you want to buy in Easton, 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 Easton, 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 Easton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Easton, 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 Easton, 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 Easton, 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 Easton, 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 Easton, 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 Easton, Texas offer a flexible financing option for homebuyers, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This can be particularly useful in competitive real estate markets where quick transactions are essential. Demographically, Easton, Texas, has a diverse population with a mix of age groups. The area is known for its strong sense of community and offers a blend of urban amenities and suburban charm. This makes it an attractive location for families, young professionals, and retirees alike. In terms of the housing market, Easton, Texas, has seen steady growth in property values over the past few years. The demand for housing in the area is high, making it a seller's market. Bridge loans can give buyers a competitive edge by providing the necessary funds to secure their dream home. Some main attractions in Easton, Texas, include scenic parks, historic sites, and a vibrant downtown area with shops and restaurants. Residents can enjoy outdoor activities like hiking and biking, as well as cultural events and local festivals throughout the year.
The Benefits of Bridge Loans in Easton, Texas
