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Navigating the process of buying a new home in Fulton, 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 Fulton, TX or getting it ready for the market.
Identify the new home you want to buy in Fulton, 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 Fulton, 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 Fulton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fulton, 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 Fulton, 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 Fulton, 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 Fulton, 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 Fulton, 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 Fulton, Texas provide immediate financial support to bridge the gap between selling a current home and purchasing a new one. They offer flexibility and quick funding, enabling homeowners to make a competitive offer without having to sell their property first. Demographics: Fulton, Texas, is a small coastal community located in Aransas County. With a population of around 1,300 residents, the town boasts a tight-knit community feel. The majority of the population consists of retirees and families attracted to the serene coastal lifestyle. Housing Market: The housing market in Fulton, Texas, is characterized by a mix of waterfront properties, single-family homes, and vacation rentals. The market has seen steady growth in property values in recent years, making it an attractive investment opportunity for buyers looking for a coastal retreat. Main Attractions: Fulton is known for its rich cultural heritage and outdoor recreational activities. Visitors and residents alike enjoy attractions such as Fulton Mansion State Historic Site, birdwatching at the Aransas National Wildlife Refuge, and fishing and boating in the nearby bays and Gulf of Mexico.
Bridge Loans Benefits in Fulton, Texas
