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Navigating the process of buying a new home in Huntington, 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 Huntington, TX or getting it ready for the market.
Identify the new home you want to buy in Huntington, 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 Huntington, 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 Huntington, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Huntington, 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 Huntington, 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 Huntington, 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 Huntington, 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 Huntington, 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 in Huntington, Texas offer numerous advantages for homebuyers. These short-term loans provide quick access to funds, allowing buyers to bridge the gap between the purchase of a new home and the sale of their current one. This flexibility can be crucial in competitive real estate markets, giving buyers an edge in securing their dream home. Huntington, Texas, a welcoming community with a population of around 2,200, boasts a diverse demographic mix. The town is known for its strong sense of community and family-friendly atmosphere. With a median household income above the state average and a relatively low cost of living, Huntington is an attractive option for those looking to settle down in East Texas. The housing market in Huntington, Texas, is dynamic and offers a range of options for buyers. From historic homes in charming neighborhoods to modern builds in upcoming developments, there is something for everyone. With a steady increase in property values and a healthy demand for housing, investing in real estate in Huntington can be a wise choice. Huntington, Texas, is not only a great place to live but also offers a variety of attractions. Outdoor enthusiasts can enjoy hiking and fishing in nearby parks, while history buffs can explore museums and historic sites. The town's vibrant local dining scene and year-round community events ensure there is always something to do in Huntington.
Benefits of Bridge Loans in Huntington, Texas
