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Navigating the process of buying a new home in Oilton, 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 Oilton, TX or getting it ready for the market.
Identify the new home you want to buy in Oilton, 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 Oilton, 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 Oilton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Oilton, 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 Oilton, 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 Oilton, 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 Oilton, 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 Oilton, 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 offer a short-term financing solution for those looking to purchase a new home before selling their current one. In Oilton, Texas, these loans can provide the flexibility needed to transition smoothly between properties, avoiding the stress of timing issues. Demographics Oilton, Texas, has a diverse population with a mix of age groups and ethnicities. The town has a strong sense of community, making it a welcoming place for individuals and families looking to settle down in a tight-knit environment. Housing Market The housing market in Oilton, Texas, offers a range of options from cozy single-family homes to spacious estates. With the help of bridge loans, potential buyers can navigate the competitive market with ease, securing their dream home without delay. Main Attractions Some of the main attractions in Oilton include picturesque parks, local eateries serving delicious Texan cuisine, and historical landmarks that showcase the town's rich heritage. Residents and visitors alike can enjoy a blend of outdoor activities and cultural experiences in this charming Texas town.
Benefits of Bridge Loans in Oilton, Texas
