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Navigating the process of buying a new home in Hunt, 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 Hunt, TX or getting it ready for the market.
Identify the new home you want to buy in Hunt, 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 Hunt, 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 Hunt, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hunt, 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 Hunt, 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 Hunt, 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 Hunt, 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 Hunt, 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 homeowners with the flexibility to purchase a new home before selling their existing property. This helps avoid the stress of timing mismatches between buying and selling, offering a seamless transition. Due to the competitive housing market in Hunt, Texas, bridge loans help buyers secure their dream home quickly, without having to wait for their current property to sell, giving them an advantage in a fast-paced market. Bridge loans in Hunt, Texas also allow homeowners to make necessary repairs or upgrades to their new home before selling the old one, enhancing its value and market appeal. Demographics: Hunt, Texas, has a population of approximately X residents. The median age is Y years, and the median household income is Z. The community is known for its diverse population, including families, retirees, and young professionals. Housing Market in Hunt, Texas: The housing market in Hunt, Texas, is dynamic and competitive. With a mix of historic homes and modern developments, the real estate prices have been steadily increasing. Bridge loans provide buyers with the financial flexibility needed to navigate this vibrant market. Main Attractions: Hunt, Texas, offers a range of attractions for residents and visitors alike. From the stunning beauty of the Guadalupe River to the historic landmarks like the Hunt Store, there is no shortage of things to see and do in this charming town.
Bridge Loans in Hunt, Texas
