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Navigating the process of buying a new home in Jacksboro, 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 Jacksboro, TX or getting it ready for the market.
Identify the new home you want to buy in Jacksboro, 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 Jacksboro, 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 Jacksboro, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jacksboro, 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 Jacksboro, 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 Jacksboro, 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 Jacksboro, 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 Jacksboro, 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 Jacksboro, Texas provide a crucial financial lifeline for homeowners looking to secure a new property before selling their current home. This short-term financing option bridges the gap between the purchase of a new home and the sale of the existing one, offering flexibility and convenience to homeowners. Demographically, Jacksboro, Texas boasts a population of approximately 4,500 residents. The community is known for its friendly small-town atmosphere, making it an ideal place for families and individuals seeking a close-knit community with a strong sense of belonging. In terms of the housing market, Jacksboro offers a diverse range of properties to suit various preferences and budgets. The market is currently stable, with a steady demand for both residential and commercial real estate. Bridge loans can help facilitate quick transactions in this competitive market.
Benefits of Bridge Loans in Jacksboro, Texas
