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Navigating the process of buying a new home in Mount Pleasant, 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 Pleasant, TX or getting it ready for the market.
Identify the new home you want to buy in Mount Pleasant, 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 Pleasant, 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 Pleasant, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Pleasant, 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 Pleasant, 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 Pleasant, 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 Pleasant, 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 Pleasant, 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 of Bridge Loans: Bridge loans offer flexibility for individuals looking to buy a new home before selling their current one. They provide short-term financing solutions, allowing for quick purchases and avoiding contingencies that may hinder traditional loans. Demographics: Mount Pleasant, Texas, is a vibrant community with a population that enjoys a mix of urban and rural lifestyles. The city has a diverse demographic profile, including families, young professionals, and retirees, creating a unique and welcoming environment. Housing Market: The housing market in Mount Pleasant is stable and offers various options, from historic homes to modern developments. With a growing economy, favorable interest rates, and competitive pricing, the city presents opportunities for both buyers and sellers. Main Attractions: Mount Pleasant boasts attractions such as the Titus County Fair, the beautiful Lake Bob Sandlin State Park, and the historic Mount Pleasant Main Street District, providing residents and visitors with a range of leisure and cultural activities.
Bridge Loans in Mount Pleasant, Texas
