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Navigating the process of buying a new home in Moore, 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 Moore, TX or getting it ready for the market.
Identify the new home you want to buy in Moore, 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 Moore, 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 Moore, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moore, 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 Moore, 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 Moore, 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 Moore, 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 Moore, 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 Moore, Texas offer several benefits to residents and investors. These short-term loans provide quick access to funds for purchasing new property while awaiting the sale of an existing one. This flexibility helps individuals secure their dream homes without missing out on opportunities. Demographically, Moore, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The community values education, with access to quality schools and colleges. The area enjoys a relatively low cost of living compared to nearby cities, making it an attractive place to live. The housing market in Moore, Texas, is vibrant and competitive. With a range of properties available, from cozy apartments to spacious single-family homes, there is something for everyone. The market is characterized by steady appreciation rates, making it an ideal location for long-term investments. Main attractions in Moore, Texas, include picturesque parks, historic landmarks, and vibrant cultural events. Residents can enjoy outdoor activities like hiking and biking, explore local museums, and indulge in the area's culinary scene. The town's friendly atmosphere and community events make it a welcoming place to call home.
Bridge Loans in Moore, Texas
