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Navigating the process of buying a new home in Moscow, 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 Moscow, TX or getting it ready for the market.
Identify the new home you want to buy in Moscow, 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 Moscow, 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 Moscow, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moscow, 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 Moscow, 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 Moscow, 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 Moscow, 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 Moscow, 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 Moscow, Texas offer a convenient financing option for homebuyers needing funds to purchase a new home before selling their current one. They provide short-term financial support with flexible terms, allowing individuals to bridge the gap between transactions seamlessly. Demographics Moscow, Texas, known for its charming small-town atmosphere, has a diverse population consisting of families, young professionals, and retirees. The area embodies a tight-knit community spirit and offers a variety of amenities to cater to residents of all ages. Housing Market The housing market in Moscow, Texas, is thriving, with a range of housing options to suit different preferences and budgets. The area experiences steady appreciation in property values, making it an attractive location for real estate investments and homeowners looking for long-term growth potential. Main Attractions Some of the main attractions in Moscow, Texas, include its picturesque parks, historic landmarks, and vibrant local eateries. Residents can enjoy outdoor activities, cultural events, and a relaxed pace of life amidst the scenic beauty of the town.
Benefits of Bridge Loans in Moscow, Texas
