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Navigating the process of buying a new home in Gouldbusk, 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 Gouldbusk, TX or getting it ready for the market.
Identify the new home you want to buy in Gouldbusk, 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 Gouldbusk, 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 Gouldbusk, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gouldbusk, 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 Gouldbusk, 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 Gouldbusk, 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 Gouldbusk, 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 Gouldbusk, 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 convenient short-term financing option for residents of Gouldbusk, Texas, who are looking to purchase a new home before selling their current one. These loans help bridge the financial gap between the sale of the existing property and the purchase of a new one, providing flexibility and ease during the transition period. Gouldbusk, Texas, located in the heart of Coleman County, has a population of approximately 150 residents. The town boasts a tight-knit community feel, with a mix of families and retirees. The area offers a peaceful and serene environment, making it an ideal place for those seeking a quiet and relaxed lifestyle. The housing market in Gouldbusk, Texas, is characterized by a mix of historic homes and modern properties. With its affordable housing options and low cost of living, Gouldbusk is an attractive destination for homebuyers. Bridge loans provide residents with the opportunity to secure their dream home without the stress of timing the sale of their current property. Some of the main attractions in Gouldbusk and its surrounding areas include scenic nature trails, local parks, and historic landmarks. Residents can enjoy outdoor activities like hiking, fishing, and camping, making Gouldbusk a perfect location for nature enthusiasts and outdoor adventurers.
Benefits of Bridge Loans in Gouldbusk, Texas