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Navigating the process of buying a new home in Gustine, 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 Gustine, TX or getting it ready for the market.
Identify the new home you want to buy in Gustine, 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 Gustine, 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 Gustine, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gustine, 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 Gustine, 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 Gustine, 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 Gustine, 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 Gustine, 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 Gustine, Texas offer numerous benefits to homeowners. They provide short-term financing that bridges the gap between the purchase of a new home and the sale of the current one, allowing for a smoother transition without the need for a contingency offer. Demographically, Gustine is a small town in Comanche County, Texas, with a population of approximately 450 residents. The community is close-knit, offering a peaceful and serene environment for families and retirees alike. The housing market in Gustine is stable, with a mix of single-family homes and ranch-style properties. Bridge loans can help buyers secure their dream home in this competitive market by providing quick access to funds for down payments and closing costs. Main attractions in Gustine include the scenic Oakalla Park, ideal for outdoor activities such as hiking and picnicking. The town also hosts local events like the Gustine Rattlesnake Roundup, showcasing the unique heritage of the area.
Benefits of Bridge Loans in Gustine, Texas
