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Navigating the process of buying a new home in Higgins, 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 Higgins, TX or getting it ready for the market.
Identify the new home you want to buy in Higgins, 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 Higgins, 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 Higgins, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Higgins, 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 Higgins, 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 Higgins, 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 Higgins, 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 Higgins, 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 financing for individuals looking to buy a new property before selling their existing one. This helps avoid the hassle of waiting for the sale of the current property, enabling a smoother and faster transition. Demographics: Higgins, Texas, has a population of approximately 400 residents. The town has a tight-knit community feel with a mix of families and retirees. The median household income is around $40,000, making it an affordable place to live. Housing Market: The housing market in Higgins offers a range of options from cozy single-family homes to spacious ranch-style properties. With a median home value of $90,000, the real estate market is competitive yet relatively affordable compared to neighboring areas. Main Attractions: Higgins boasts beautiful natural scenery, with opportunities for outdoor activities like fishing at Lake Marvin, exploring the nearby Alibates Flint Quarries National Monument, and enjoying local festivals that celebrate the town's rich history.
Benefits of Bridge Loans in Higgins, Texas
