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Navigating the process of buying a new home in Guy, 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 Guy, TX or getting it ready for the market.
Identify the new home you want to buy in Guy, 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 Guy, 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 Guy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Guy, 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 Guy, 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 Guy, 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 Guy, 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 Guy, 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!
Benefits of Bridge Loans: Bridge loans provide quick and temporary financing to cover the gap between the purchase of a new property and the sale of an existing one. This helps buyers secure their new home without having to wait for their old home to sell. Demographics of Guy, Texas: Guy, Texas, is a small rural community located in the southeastern part of the state. With a population of just over 1,000 residents, Guy offers a tight-knit community feel with a focus on agriculture and ranching. Housing Market in Guy, Texas: The housing market in Guy, Texas, is stable with a mix of single-family homes and ranch-style properties. The median home price is affordable, making it an attractive option for first-time home buyers and those looking to settle down in a quiet, rural setting. Main Attractions in Guy, Texas: Some main attractions in Guy include local rodeos, county fairs, and community festivals that celebrate the town's rich agricultural heritage. Outdoor enthusiasts can explore nearby parks and recreation areas for hiking, fishing, and other outdoor activities.
Bridge Loans in Guy, Texas
