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Navigating the process of buying a new home in Haskell, 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 Haskell, TX or getting it ready for the market.
Identify the new home you want to buy in Haskell, 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 Haskell, 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 Haskell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Haskell, 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 Haskell, 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 Haskell, 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 Haskell, 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 Haskell, 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 a valuable solution to individuals in Haskell, Texas, looking to buy a new home before selling their existing one. These short-term loans provide quick access to funds for down payments, allowing seamless transitions between properties. Haskell, Texas, is a vibrant community with a population that values small-town charm and a close-knit feel. The demographics of this area include a mix of young families, retirees, and working professionals, creating a diverse and welcoming environment. The housing market in Haskell, Texas, is stable with a range of affordable options for home buyers. Bridge loans can help facilitate faster transactions in this market, giving buyers a competitive edge and allowing them to secure their dream property without delays. Aside from its real estate offerings, Haskell boasts of scenic parks, historic sites, and a strong sense of community pride. Residents can enjoy outdoor activities, cultural events, and the beauty of the Texas landscape, making it a desirable place to live and invest in.
Benefits of Bridge Loans in Haskell, Texas