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Navigating the process of buying a new home in Gregory, 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 Gregory, TX or getting it ready for the market.
Identify the new home you want to buy in Gregory, 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 Gregory, 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 Gregory, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gregory, 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 Gregory, 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 Gregory, 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 Gregory, 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 Gregory, 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 Gregory, Texas offer a convenient financial solution for homeowners looking to purchase a new property before selling their existing one. This type of loan provides temporary financing that can bridge the gap between selling one home and buying another. Gregory, Texas, with a population of approximately XXXX, boasts a diverse community with a mix of families, professionals, and retirees. The town enjoys a mild climate throughout the year, making it an attractive place to live for those seeking a relaxed pace of life. The housing market in Gregory, Texas, is robust, with a range of properties available to suit different preferences and budgets. The median home price is $XXX,XXX, offering affordable housing options for both first-time buyers and those looking to upgrade their homes. Some of the main attractions in Gregory include XXXX, XXXX, and XXXX. These attractions provide residents and visitors with opportunities for entertainment, recreation, and cultural enrichment, making Gregory an enjoyable place to live.
Benefits of Bridge Loans in Gregory, Texas
