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Navigating the process of buying a new home in Jewett, 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 Jewett, TX or getting it ready for the market.
Identify the new home you want to buy in Jewett, 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 Jewett, 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 Jewett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jewett, 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 Jewett, 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 Jewett, 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 Jewett, 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 Jewett, 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 Jewett, Texas offer a convenient short-term financing solution for homeowners looking to purchase a new property before selling their current one. These loans provide quick access to funds, allowing individuals to secure their dream home without waiting for their existing property to sell. Demographics: Jewett, Texas, has a population of approximately 1,200 residents. The town boasts a diverse community with a mix of families, retirees, and young professionals. The cost of living in Jewett is relatively affordable, making it an attractive location for those seeking a quiet, close-knit community. Housing Market: The housing market in Jewett offers a range of options, from single-family homes to spacious ranch properties. With a steady demand for housing, property values have remained stable, making it a lucrative market for both buyers and sellers. Bridge loans can help facilitate quick property transactions in this competitive market. Main Attractions: Jewett is known for its natural beauty, with nearby attractions such as Lake Limestone and Fort Parker State Park offering numerous outdoor recreational activities. The town also hosts community events that celebrate its rich history and cultural heritage, attracting visitors from surrounding areas.
Benefits of Bridge Loans in Jewett, Texas