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Navigating the process of buying a new home in Hext, 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 Hext, TX or getting it ready for the market.
Identify the new home you want to buy in Hext, 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 Hext, 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 Hext, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hext, 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 Hext, 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 Hext, 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 Hext, 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 Hext, 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 a quick financing solution for homeowners who need to purchase a new property before selling their current one. This helps in avoiding a gap in housing and ensures a smooth transition. Demographics: Hext, Texas has a population of approximately 100 residents, with a mix of families and retirees. The community is known for its friendly atmosphere and close-knit neighborhood feel. Housing Market: The housing market in Hext offers a range of options from historic homes to modern developments. With the median home value at $150,000, the market is considered affordable and stable, making it a desirable location for buyers. Main Attractions: Hext is surrounded by natural beauty, including parks and hiking trails, making it ideal for outdoor enthusiasts. The town also hosts annual festivals and events that bring the community together in a celebration of local culture.
Bridge Loans in Hext, Texas
