Get Approved at The Lowest Rate
Navigating the process of buying a new home in Garrison, 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 Garrison, TX or getting it ready for the market.
Identify the new home you want to buy in Garrison, 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 Garrison, 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 Garrison, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Garrison, 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 Garrison, 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 Garrison, 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 Garrison, 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 Garrison, 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 Garrison, Texas offer several advantages for homebuyers. They provide short-term financing that allows buyers to bridge the gap between the purchase of a new home and the sale of their existing property. This can be particularly beneficial in a competitive real estate market, allowing buyers to make strong offers without contingencies. Garrison, Texas, a quaint town with a population of approximately 895 residents, offers a close-knit community feel with easy access to larger cities like Nacogdoches and Lufkin. The town boasts a low crime rate, good schools, and a range of outdoor recreational activities, making it an ideal place to raise a family. The housing market in Garrison, Texas, is diverse, catering to a range of budgets and preferences. With a median home value of $130,000, the market offers affordable housing options for first-time buyers and families. The area has seen steady growth in property values over the past few years, making it an attractive investment opportunity. Garrison is home to several main attractions, including the popular Garrison City Park, which features playgrounds, picnic areas, and sports facilities. The town also hosts annual events like the Garrison Bluegrass Festival, drawing visitors from across the region. With its rich history and natural beauty, Garrison offers a charming and welcoming environment for residents and visitors alike.
The Benefits of Bridge Loans in Garrison, Texas
