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Navigating the process of buying a new home in Enochs, 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 Enochs, TX or getting it ready for the market.
Identify the new home you want to buy in Enochs, 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 Enochs, 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 Enochs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Enochs, 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 Enochs, 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 Enochs, 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 Enochs, 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 Enochs, 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 Enochs, Texas offer a convenient financing option for residents looking to bridge the gap between the purchase of a new home and the sale of their current one. These loans provide quick access to funds, allowing homeowners to make a competitive offer on a new property without having to wait for their existing home to sell. Demographics: Enochs, Texas, is a small town with a tight-knit community. The population consists mainly of families and retirees, creating a friendly and welcoming environment. The town has a strong sense of community pride and spirit, making it a great place to raise a family or enjoy a peaceful retirement. Housing Market: The housing market in Enochs, Texas, is stable, with a good mix of older homes and new construction. Bridge loans can help buyers take advantage of opportunities in this market by providing the necessary funds for a smooth transition between properties. Main Attractions: While Enochs may be a small town, it has plenty to offer residents and visitors. The local parks and recreational facilities provide opportunities for outdoor activities, while the town's charming downtown area is home to cozy cafes and unique shops. Additionally, Enochs is a short drive away from larger cities, offering easy access to more amenities and entertainment options.
Benefits of Bridge Loans in Enochs, Texas
