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Navigating the process of buying a new home in Mount Enterprise, 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 Mount Enterprise, TX or getting it ready for the market.
Identify the new home you want to buy in Mount Enterprise, 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 Mount Enterprise, 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 Mount Enterprise, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Enterprise, 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 Mount Enterprise, 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 Mount Enterprise, 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 Mount Enterprise, 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 Mount Enterprise, 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 Mount Enterprise offer a convenient solution for homeowners looking to purchase a new property before selling their existing one. These loans provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one, allowing homeowners to secure their dream home without the stress of timing constraints. Demographically, Mount Enterprise, Texas, is a charming small town with a population of around 500 residents. The community is close-knit and offers a peaceful ambiance, making it an ideal place for families and retirees looking to settle in a serene environment. The housing market in Mount Enterprise is stable, with a mix of traditional single-family homes, ranch-style properties, and spacious lots available. The median home value is affordable compared to larger cities, making it an attractive option for those seeking a more relaxed pace of life. Main attractions in Mount Enterprise include the picturesque Lake Murvual, perfect for fishing and water sports enthusiasts. Additionally, the town boasts scenic hiking trails, local boutiques, and cozy cafes, providing residents with a range of outdoor and leisure activities to enjoy.
Benefits of Bridge Loans in Mount Enterprise, Texas
