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Navigating the process of buying a new home in Granger, 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 Granger, TX or getting it ready for the market.
Identify the new home you want to buy in Granger, 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 Granger, 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 Granger, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Granger, 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 Granger, 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 Granger, 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 Granger, 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 Granger, 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 immediate funds to bridge the gap between the purchase of a new property and the sale of an existing one. In Granger, Texas, these loans are beneficial for homebuyers needing quick financing without selling their current home first, allowing for smoother transitions. Demographics: Granger, Texas, has a population of approximately 1,500 people. The town boasts a close-knit community feel, with a mix of families, retirees, and young professionals. The area is known for its friendly residents and strong community spirit. Housing Market: The housing market in Granger offers a mix of historic homes and new developments. With a median home price below the national average, Granger provides affordable housing options for individuals and families looking to settle in a quaint Texas town. Main Attractions: Granger Lake is a popular destination for outdoor enthusiasts, offering fishing, boating, and camping. The town also has a historic downtown area with charming shops and restaurants, perfect for a day of leisurely exploration.
Benefits of Bridge Loans in Granger, Texas
