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Navigating the process of buying a new home in Larue, 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 Larue, TX or getting it ready for the market.
Identify the new home you want to buy in Larue, 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 Larue, 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 Larue, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Larue, 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 Larue, 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 Larue, 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 Larue, 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 Larue, 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 Larue, Texas provide a crucial financial solution for homeowners looking to bridge the gap between selling their current home and purchasing a new one. These short-term loans offer swift access to funds, allowing buyers to secure their new dream home without the need to wait for their old property to sell. This ensures a smoother transition and avoids the risk of losing out on a desired property. Demographics: Larue, Texas, boasts a diverse population with a mix of families, young professionals, and retirees, creating a vibrant community. The town is known for its welcoming atmosphere and strong sense of community spirit, making it an ideal place for families and individuals looking for a tight-knit neighborhood. Housing Market: Larue's housing market is competitive, with a mix of traditional single-family homes and newer developments. The demand for housing in Larue is steadily increasing, making it an attractive market for buyers and sellers alike. Bridge loans provide buyers with the flexibility to act quickly in this competitive market, helping them secure their desired property. Main Attractions: Larue is surrounded by picturesque natural beauty, offering residents easy access to outdoor activities such as hiking, fishing, and camping. The town also boasts charming local shops, restaurants, and cultural attractions, providing a high quality of life for its residents.
Benefits of Bridge Loans in Larue, Texas
