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Navigating the process of buying a new home in Kosse, 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 Kosse, TX or getting it ready for the market.
Identify the new home you want to buy in Kosse, 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 Kosse, 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 Kosse, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kosse, 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 Kosse, 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 Kosse, 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 Kosse, 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 Kosse, 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 Kosse, Texas offer a convenient financing option for homebuyers looking to purchase a new property before selling their existing one. These loans provide short-term funding to bridge the gap between the purchase of a new home and the sale of the current one. This flexibility allows buyers to secure their new dream home without the stress of waiting for their old property to sell. Demographics: Kosse, Texas is a small town located in Limestone County with a population of around 500 residents. The community has a mix of age groups, primarily consisting of families and retirees. The town offers a peaceful and tight-knit environment, perfect for those seeking a quiet residential setting. Housing Market: The housing market in Kosse, Texas is stable with a range of housing options available, including single-family homes, ranch-style properties, and charming cottages. The average home price is affordable, making it an attractive location for first-time homebuyers and those looking to invest in real estate. Main Attractions: Kosse, Texas boasts several main attractions, such as the Historic Kosse Depot, which offers a glimpse into the town's rich history. Outdoor enthusiasts can enjoy activities like fishing at Fort Parker State Park or exploring the scenic beauty of the nearby Navasota River.
Benefits of Bridge Loans in Kosse, Texas
