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Navigating the process of buying a new home in Eustace, 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 Eustace, TX or getting it ready for the market.
Identify the new home you want to buy in Eustace, 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 Eustace, 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 Eustace, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Eustace, 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 Eustace, 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 Eustace, 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 Eustace, 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 Eustace, 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 Eustace, Texas offer a range of benefits for individuals looking to buy a new home while still owning their current property. These short-term loans provide flexibility by allowing homeowners to make a down payment on a new home before selling their existing one, preventing them from missing out on the perfect property. Demographically, Eustace, Texas is a small town with a population of approximately 1000 residents. The community is tight-knit, offering a friendly and welcoming atmosphere for newcomers. The town boasts a low crime rate and a strong sense of community spirit, making it an ideal place to raise a family or retire. The housing market in Eustace is currently experiencing steady growth, with affordable property prices and a variety of housing options available. The town offers a mix of single-family homes, townhouses, and apartments, catering to individuals and families with diverse needs and preferences. Main attractions in Eustace include the beautiful Purtis Creek State Park, which offers a range of outdoor activities such as fishing, boating, and hiking. The town also hosts the annual Eustace Blueberry Festival, a popular event that showcases local vendors, live music, and delicious blueberry treats.
Benefits of Bridge Loans in Eustace, Texas
