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Navigating the process of buying a new home in Glidden, 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 Glidden, TX or getting it ready for the market.
Identify the new home you want to buy in Glidden, 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 Glidden, 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 Glidden, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Glidden, 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 Glidden, 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 Glidden, 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 Glidden, 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 Glidden, 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 Glidden, Texas offer numerous advantages to borrowers. These short-term loans provide immediate funds to purchase a new home while waiting to sell an existing property. They help bridge the gap between buying and selling by offering quick access to cash flow without the pressure of a contingency offer. Demographics: Glidden, Texas, is a small rural community with a population of approximately 600 residents. The town has a strong sense of community, with a mix of families, retirees, and young professionals. The area is known for its friendly atmosphere and close-knit neighborhoods. Housing Market: The housing market in Glidden offers a variety of options, from historic homes to new constructions. The median home value is affordable, making it an attractive location for first-time homebuyers and those looking to invest in real estate. Bridge loans provide flexibility in financing options, helping individuals navigate the competitive market. Main Attractions: Glidden is close to many attractions, including scenic parks, nature trails, and recreational facilities. Residents enjoy a peaceful lifestyle with access to outdoor activities such as fishing, hiking, and camping. The town's charm and tranquility make it a desirable place to call home.
Benefits of Bridge Loans in Glidden, Texas
