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Navigating the process of buying a new home in Latexo, 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 Latexo, TX or getting it ready for the market.
Identify the new home you want to buy in Latexo, 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 Latexo, 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 Latexo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Latexo, 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 Latexo, 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 Latexo, 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 Latexo, 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 Latexo, 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 Latexo, Texas offer significant benefits to homeowners looking to buy a new property before selling their current one. These short-term loans provide quick access to funds, enabling individuals to bridge the gap between buying and selling a property seamlessly. Demographics: Latexo, Texas, is a charming rural community with a tight-knit population of approximately 300 residents. The town boasts a peaceful atmosphere, making it an ideal location for those seeking a quiet and serene lifestyle. Housing Market: The housing market in Latexo, Texas, offers a mix of historic homes and modern properties. With the help of bridge loans, potential buyers can take advantage of the diverse housing options available in the area, catering to various preferences and budgets. Main Attractions: Despite its small size, Latexo, Texas, has some notable attractions, including scenic parks, local art galleries, and family-friendly events. Residents can enjoy the beauty of the surrounding countryside and partake in community activities that showcase the town's unique charm.
Benefits of Bridge Loans in Latexo, Texas
