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Navigating the process of buying a new home in Grapeland, 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 Grapeland, TX or getting it ready for the market.
Identify the new home you want to buy in Grapeland, 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 Grapeland, 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 Grapeland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Grapeland, 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 Grapeland, 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 Grapeland, 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 Grapeland, 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 Grapeland, 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 Grapeland, Texas offer individuals flexibility in real estate transactions. These short-term loans can help buyers secure a new home before selling their current one, avoiding the need for a contingency offer. Demographically, Grapeland is a small town in Texas with a population of approximately 1,400 residents. The community is close-knit, offering a peaceful and welcoming environment for families and retirees alike. The housing market in Grapeland is dynamic, with a mix of historic homes and new developments. Bridge loans can help buyers take advantage of investment opportunities or secure their dream home in this diverse market. Some main attractions in Grapeland include the Salmon Lake Park, known for its picturesque lake and camping facilities. The Davy Crockett National Forest offers outdoor enthusiasts hiking and biking trails amidst scenic landscapes, making Grapeland an ideal location for nature lovers.
Benefits of Bridge Loans in Grapeland, Texas
