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Navigating the process of buying a new home in Morton, 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 Morton, TX or getting it ready for the market.
Identify the new home you want to buy in Morton, 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 Morton, 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 Morton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Morton, 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 Morton, 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 Morton, 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 Morton, 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 Morton, 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!
Benefits: Bridge loans in Morton, Texas offer a quick and convenient financing option for those looking to bridge the gap between the purchase of a new home and the sale of their current one. This type of loan provides flexibility and ensures a smooth transition without causing delays in the home-buying process. Demographics: Morton, Texas, is a vibrant community with a population that is diverse in age, ethnicity, and income levels. The town has a strong sense of community and is known for its friendly and welcoming residents. The demographic makeup of Morton contributes to the area's rich cultural tapestry. Housing Market: The housing market in Morton, Texas, is dynamic and offers a range of options for buyers. From cozy single-family homes to spacious modern condos, there is something for everyone in Morton. The market is competitive, with a mix of new developments and historic properties that cater to various preferences and budgets. Main Attractions: Aside from its housing market, Morton boasts a variety of main attractions, including scenic parks, museums that showcase the town's history, and local eateries that offer a taste of authentic Texan cuisine. Residents and visitors alike can enjoy outdoor activities, cultural experiences, and delicious dining options in Morton.
Benefits of Bridge Loans in Morton, Texas
