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Navigating the process of buying a new home in Norton, 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 Norton, TX or getting it ready for the market.
Identify the new home you want to buy in Norton, 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 Norton, 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 Norton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Norton, 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 Norton, 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 Norton, 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 Norton, 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 Norton, 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 Norton, Texas offer numerous benefits for homeowners looking to buy a new property before selling their current one. These short-term loans provide quick access to funds, allowing individuals to bridge the gap between selling and buying a home. This can help avoid missed opportunities in the competitive real estate market and reduce the stress of temporary housing arrangements. Demographics: Norton, Texas has a diverse population, with a blend of young professionals, families, and retirees. The community enjoys a close-knit feel, with residents often participating in local events and activities together. The town's proximity to major cities makes it an ideal location for those seeking a peaceful suburban lifestyle with easy access to urban amenities. Housing Market: The housing market in Norton, Texas is vibrant, offering a range of options from modern apartments to spacious single-family homes. With competitive prices compared to neighboring areas, Norton presents an attractive opportunity for both first-time buyers and seasoned investors. Bridge loans play a crucial role in facilitating quick property transactions in this dynamic real estate landscape. Main Attractions: Norton, Texas boasts a variety of attractions, including scenic parks, local wineries, and historical sites that showcase the town's rich heritage. Residents can enjoy leisurely walks along the picturesque trails, indulge in wine tastings at nearby vineyards, and explore landmarks that highlight Norton's cultural significance.
Benefits of Bridge Loans in Norton, Texas
