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Navigating the process of buying a new home in Graford, 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 Graford, TX or getting it ready for the market.
Identify the new home you want to buy in Graford, 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 Graford, 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 Graford, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Graford, 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 Graford, 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 Graford, 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 Graford, 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 Graford, 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 Graford, Texas offer a convenient short-term financing option for homebuyers. They provide the flexibility to secure a new property before selling the current one, avoiding the need for a contingent offer. Graford, Texas, is a quaint town with a population of approximately 600 residents. The small-town charm and scenic beauty make it an attractive place to live. The community is close-knit, offering a peaceful and welcoming environment for families and retirees alike. The housing market in Graford, Texas, is diverse, with a mix of historic properties and modern homes. The real estate prices are relatively affordable compared to larger cities, making it an ideal location for first-time buyers and investors. Bridge loans can help expedite the purchase process in this competitive market. Main attractions in Graford include Possum Kingdom Lake, a popular spot for water sports and outdoor activities. The nearby Possum Kingdom State Park offers hiking trails and camping facilities, attracting nature enthusiasts from across the state.
Benefits of Bridge Loans in Graford, Texas