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Navigating the process of buying a new home in Granbury, 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 Granbury, TX or getting it ready for the market.
Identify the new home you want to buy in Granbury, 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 Granbury, 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 Granbury, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Granbury, 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 Granbury, 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 Granbury, 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 Granbury, 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 Granbury, 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 Granbury, Texas offer numerous benefits to homeowners and buyers. They provide a short-term financing solution to bridge the gap between the purchase of a new property and the sale of an existing one. This can be particularly useful in a competitive market where timing is crucial. Demographics: Granbury is a charming city located in Hood County, Texas. With a population of around 9,000 residents, Granbury offers a peaceful community-oriented lifestyle. The median age is 42, and the median household income is $49,336. The city is also known for its top-rated schools and low crime rates, making it an attractive place to live for families. Housing Market: The housing market in Granbury is dynamic, with a mix of historic homes and new developments. The median home value is $242,300, with values having increased by 6.4% over the past year. Bridge loans can be beneficial in a market like Granbury, where properties often attract multiple offers, allowing buyers to secure their dream home quickly. Main Attractions: Granbury offers a range of attractions, including the Granbury Opera House, Lake Granbury for water activities, and the Granbury Historic Square for shopping and dining. The city hosts various events throughout the year, such as the Harvest Moon Festival and the Brazos River Music Festival, making it a vibrant and engaging place to call home.
Benefits of Bridge Loans in Granbury, Texas
