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Navigating the process of buying a new home in Leggett, 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 Leggett, TX or getting it ready for the market.
Identify the new home you want to buy in Leggett, 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 Leggett, 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 Leggett, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Leggett, 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 Leggett, 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 Leggett, 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 Leggett, 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 Leggett, 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 Leggett, Texas offer numerous benefits for individuals looking to buy a new home before selling their current one. These short-term loans provide instant access to funds needed for a down payment, allowing buyers to secure their dream home quickly. Demographics in Leggett show a small, tight-knit community with a population of approximately 200 residents. This rural town offers a peaceful retreat from the hustle and bustle of city life, making it an ideal location for those seeking a close-knit community and a slower pace of living. The housing market in Leggett, Texas, is characterized by affordable property prices and a variety of housing options ranging from cozy single-family homes to spacious ranch properties. With the help of bridge loans, prospective buyers can take advantage of favorable market conditions and secure their desired property without delay. Main attractions in Leggett include the picturesque Big Thicket National Preserve, offering outdoor enthusiasts an array of hiking, biking, and wildlife-watching opportunities. Additionally, the nearby Davy Crockett National Forest provides a serene setting for camping and exploring nature's beauty.
Benefits of Bridge Loans in Leggett, Texas
