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Navigating the process of buying a new home in Goldsmith, 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 Goldsmith, TX or getting it ready for the market.
Identify the new home you want to buy in Goldsmith, 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 Goldsmith, 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 Goldsmith, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Goldsmith, 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 Goldsmith, 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 Goldsmith, 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 Goldsmith, 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 Goldsmith, 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!
A bridge loan in Goldsmith, Texas can provide immediate funds for purchasing a new home before the current one is sold. This type of loan allows flexibility and quick access to capital, making it easier to secure the desired property without having to wait for the previous home to sell. Goldsmith, Texas, with a population of around 300 residents, offers a close-knit community and a peaceful lifestyle. The town boasts a diverse demographic mix, with a median age of 42 years, making it an attractive destination for families and retirees alike. The housing market in Goldsmith, Texas, is stable with a range of affordable properties available. The median home price is $120,000, making it an ideal location for first-time homebuyers or individuals looking to invest in real estate. Bridge loans can help simplify the buying process and create opportunities for those looking to purchase a home in this charming town. Some of the main attractions in Goldsmith, Texas, include the picturesque parks and outdoor recreational areas, perfect for hiking, biking, and picnicking. The town also hosts annual festivals and events that bring the community together, fostering a sense of belonging and camaraderie among residents.
Benefits of Bridge Loans in Goldsmith, Texas
