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Navigating the process of buying a new home in Gillett, 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 Gillett, TX or getting it ready for the market.
Identify the new home you want to buy in Gillett, 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 Gillett, 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 Gillett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gillett, 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 Gillett, 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 Gillett, 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 Gillett, 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 Gillett, 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 Gillett, Texas offer a convenient financing option for individuals who are looking to purchase a new home before selling their current one. These loans provide the flexibility to make a quick purchase without being constrained by the sale of an existing property. Demographics Gillett, Texas, is a small town with a population of approximately 300 residents. The town is known for its tight-knit community and picturesque countryside, making it an ideal place for those seeking a peaceful and close community living experience. Housing Market The housing market in Gillett is characterized by a mix of historic homes and modern properties. The average home value in Gillett is around $150,000, making it an affordable option for homebuyers. With the help of bridge loans, individuals can easily navigate the housing market in Gillett and secure their dream home. Main Attractions Gillett offers a variety of attractions for its residents, including the picturesque Guadalupe River for outdoor activities such as fishing and kayaking. Additionally, the town hosts annual events like the Gillett Days Festival, showcasing local vendors and celebrating the community spirit.
Benefits of Bridge Loans in Gillett, Texas
