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Navigating the process of buying a new home in Lefors, 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 Lefors, TX or getting it ready for the market.
Identify the new home you want to buy in Lefors, 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 Lefors, 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 Lefors, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lefors, 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 Lefors, 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 Lefors, 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 Lefors, 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 Lefors, 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 Lefors, Texas offer immediate financial support to bridge the gap between buying a new home and selling an existing one. These loans provide fast access to funds and flexibility in real estate transactions, making them ideal for individuals looking to upgrade or relocate without facing financial constraints. Demographics in Lefors, Texas Lefors, Texas is a small town with a tight-knit community. The population consists primarily of families and individuals seeking a peaceful atmosphere away from the hustle and bustle of larger cities. The town offers a range of amenities, including schools, parks, and local businesses that cater to residents' needs. Housing Market in Lefors, Texas The housing market in Lefors, Texas is characterized by modestly priced homes that appeal to first-time buyers and families. With the help of bridge loans, individuals can secure their dream homes without worrying about selling their current properties quickly. This flexibility boosts the overall real estate market in the town. Main Attractions in Lefors, Texas Despite its small size, Lefors, Texas boasts several attractions that draw visitors and residents alike. From historical landmarks to outdoor recreational activities, the town offers a diverse range of things to see and do. Residents can enjoy local dining options, community events, and the town's rich history.
Benefits of Bridge Loans in Lefors, Texas
