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Navigating the process of buying a new home in Mart, 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 Mart, TX or getting it ready for the market.
Identify the new home you want to buy in Mart, 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 Mart, 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 Mart, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mart, 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 Mart, 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 Mart, 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 Mart, 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 Mart, 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 Mart, Texas offer a convenient financing solution for homebuyers who need to bridge the gap between the purchase of a new home and the sale of their current one. These short-term loans provide quick access to funds, allowing buyers to secure their new property without having to wait for their old home to sell. Demographics: Mart, Texas, is a small town with a population of approximately 2,000 residents. The community is known for its friendly atmosphere and strong sense of community spirit. The town's population is diverse, with a mix of young families, retirees, and working professionals. Housing Market: The housing market in Mart, Texas, is currently booming, with a steady increase in property values over the past few years. The demand for homes in the area is high, making it a seller's market. Bridge loans can help buyers act quickly in this competitive market by providing the necessary funds to secure a new home. Main Attractions: Mart, Texas, is home to several main attractions, including a historic downtown area with charming shops and restaurants, as well as beautiful parks and recreational facilities. The town's close-knit community also hosts various events and festivals throughout the year, offering residents plenty of opportunities to socialize and connect.
Benefits of Bridge Loans in Mart, Texas
