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Navigating the process of buying a new home in Lazbuddie, 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 Lazbuddie, TX or getting it ready for the market.
Identify the new home you want to buy in Lazbuddie, 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 Lazbuddie, 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 Lazbuddie, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lazbuddie, 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 Lazbuddie, 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 Lazbuddie, 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 Lazbuddie, 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 Lazbuddie, 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 Lazbuddie, Texas offer a crucial financial solution for homebuyers allowing them to quickly purchase a new home before selling their existing one. This enables them to secure the new property without waiting for the sale of their current home, avoiding missing out on the perfect opportunity. Located in Parmer County, Lazbuddie boasts a population of approximately 150 residents. The small, tight-knit community creates a welcoming environment for families looking to settle down and enjoy a peaceful lifestyle in rural Texas. The housing market in Lazbuddie is characterized by affordable prices and a variety of property types to choose from. Bridge loans can help prospective buyers take advantage of these opportunities, ensuring they can move swiftly in a competitive market. Despite its small size, Lazbuddie offers a range of attractions for residents and visitors to enjoy. From local parks and outdoor recreational areas to community events and gatherings, there is always something to do in this charming Texan town.
Bridge Loans in Lazbuddie, Texas
