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Navigating the process of buying a new home in Marlin, 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 Marlin, TX or getting it ready for the market.
Identify the new home you want to buy in Marlin, 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 Marlin, 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 Marlin, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Marlin, 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 Marlin, 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 Marlin, 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 Marlin, 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 Marlin, 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 Marlin, Texas offer a convenient and flexible financing solution for homeowners who need to bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide quick access to funds, enabling individuals to secure a new property without having to wait for their current home to sell. Marlin, Texas, located in Falls County, has a population of around 5,700 residents. The town boasts a rich history and a vibrant community spirit. With a median household income of approximately $35,000, Marlin offers an affordable cost of living compared to larger cities. The housing market in Marlin, Texas, is characterized by a mix of historic homes and newer developments. Bridge loans can help buyers take advantage of the diverse real estate offerings in the area, whether they are looking for a charming historic property or a modern family home. Some of the main attractions in Marlin include the Falls On The Brazos Park, which offers opportunities for outdoor recreation such as hiking and picnicking. The Marlin Downtown Historic District is also a popular destination, featuring unique shops, restaurants, and cultural events that showcase the town's heritage.
Benefits of Bridge Loans in Marlin, Texas
