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Navigating the process of buying a new home in Graham, 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 Graham, TX or getting it ready for the market.
Identify the new home you want to buy in Graham, 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 Graham, 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 Graham, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Graham, 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 Graham, 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 Graham, 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 Graham, 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 Graham, 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!
Benefits of Bridge Loans Bridge loans offer quick financing solutions to bridge the gap between the purchase of a new property and the sale of an existing one. This flexibility allows homeowners in Graham, Texas, to access funds efficiently without missing out on desirable properties. Demographics Graham, Texas, boasts a diverse population with a strong sense of community. The city is known for its friendly residents and welcoming atmosphere. The median age in Graham is 37 years, and the median household income is $45,000. Housing Market The housing market in Graham, Texas, offers a mix of historic and modern homes to cater to various preferences. Property values are stable, making it an attractive location for both first-time buyers and investors. The average home price in Graham is $180,000. Main Attractions Graham, Texas, is home to the Old Post Office Museum and Art Center, showcasing the city's rich history and cultural heritage. The town square features quaint shops and restaurants, making it a popular destination for locals and tourists alike.
Bridge Loans in Graham, Texas
