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Navigating the process of buying a new home in Egypt, 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 Egypt, TX or getting it ready for the market.
Identify the new home you want to buy in Egypt, 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 Egypt, 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 Egypt, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Egypt, 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 Egypt, 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 Egypt, 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 Egypt, 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 Egypt, 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 Egypt, Texas offer numerous benefits to homeowners and buyers. These short-term loans provide quick access to funds needed to purchase a new property before selling an existing one. They bridge the gap between the sale of the old property and the purchase of a new one, preventing financial strain and allowing for smoother transitions. Demographics Egypt, Texas, known for its tight-knit community and rich cultural heritage, has a population that values tradition and communal bonds. The area boasts a diverse demographic mix, with families, young professionals, and retirees all finding their place in this welcoming town. The housing market in Egypt, Texas, is buoyant and offers a range of property options to suit different needs and budgets. With the help of bridge loans, buyers can take advantage of competitive prices, invest in property upgrades, or secure their dream home without delay. From historical sites to scenic parks, Egypt, Texas, has plenty to offer residents and visitors alike. Explore the local cuisine, enjoy outdoor activities, or immerse yourself in the town's vibrant arts and music scene. The attractions in Egypt, Texas, cater to a diverse range of interests, making it a charming place to live or visit.
Benefits of Bridge Loans in Egypt, Texas
Housing Market
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