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Navigating the process of buying a new home in Howe, 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 Howe, TX or getting it ready for the market.
Identify the new home you want to buy in Howe, 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 Howe, 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 Howe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Howe, 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 Howe, 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 Howe, 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 Howe, 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 Howe, 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 provide homeowners in Howe, Texas, with a convenient financing option when buying a new home before selling their existing one. These loans offer short-term financing to cover the down payment on a new property, preventing homeowners from missing out on their dream home. Demographics: Howe, Texas, is a charming town with a population of around 3,000 people. The community is close-knit, offering a safe and family-friendly environment for residents of all ages. The town has a mix of young families, retirees, and professionals, creating a diverse and welcoming atmosphere. Housing Market: Howe's housing market is thriving, with a range of affordable options for homebuyers. The median home price in Howe is below the national average, making it an attractive location for first-time buyers and families looking to invest in real estate. Main Attractions: Howe is home to several attractions, including the beautiful Hagerman National Wildlife Refuge, where nature lovers can enjoy hiking, birdwatching, and picnicking. The town also boasts historic sites, local dining options, and community events that showcase the town's rich heritage and vibrant culture.
Benefits of Bridge Loans in Howe, Texas
