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Navigating the process of buying a new home in Giddings, 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 Giddings, TX or getting it ready for the market.
Identify the new home you want to buy in Giddings, 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 Giddings, 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 Giddings, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Giddings, 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 Giddings, 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 Giddings, 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 Giddings, 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 Giddings, 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 offer a short-term financing solution for homebuyers in Giddings, Texas, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This flexibility helps avoid missed opportunities and allows for smoother transitions. Giddings, Texas, is a vibrant community with a diverse population. The town boasts a rich history, with a mix of cultural backgrounds that contribute to its unique charm. Residents enjoy a high quality of life, with access to excellent schools, healthcare facilities, and recreational activities. The housing market in Giddings, Texas, is robust, offering a range of options for buyers. With a steady demand for properties, homeowners can benefit from competitive prices and valuable investment opportunities. Bridge loans provide the financial support needed to navigate this dynamic market effectively. Giddings, Texas, is home to several main attractions that draw visitors and residents alike. From the picturesque Lee County Courthouse to the serene surroundings of Lake Somerville State Park, the town offers a mix of history, natural beauty, and recreational opportunities that appeal to all ages.
Benefits of Bridge Loans in Giddings, Texas
