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Navigating the process of buying a new home in Gallatin, 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 Gallatin, TX or getting it ready for the market.
Identify the new home you want to buy in Gallatin, 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 Gallatin, 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 Gallatin, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gallatin, 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 Gallatin, 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 Gallatin, 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 Gallatin, 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 Gallatin, 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 Gallatin, Texas offer numerous advantages to homebuyers and investors. These short-term loans can provide quick financing for purchasing a new property before selling an existing one, helping to prevent missed opportunities in a competitive market. They also offer flexibility in terms of repayment, allowing borrowers to bridge the gap between transactions without the stress of immediate payment obligations. Demographics: Gallatin, Texas, is a charming town with a diverse population. The community is known for its friendly residents, strong sense of community, and welcoming atmosphere. The town has a mix of age groups, with a growing number of young families attracted to the area's affordable housing options and excellent schools. Housing Market: Gallatin's housing market is thriving, with a range of properties available to suit different needs and budgets. The market is stable, making it a prime location for real estate investments. Bridge loans in Gallatin can help buyers take advantage of the favorable market conditions and secure their dream homes quickly. Main Attractions: Gallatin boasts a variety of attractions, including picturesque parks, historic sites, and vibrant local shops and restaurants. The town's scenic beauty, rich history, and cultural events make it a popular destination for residents and visitors alike.
Benefits of Bridge Loans in Gallatin, Texas
