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Navigating the process of buying a new home in Oklaunion, 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 Oklaunion, TX or getting it ready for the market.
Identify the new home you want to buy in Oklaunion, 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 Oklaunion, 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 Oklaunion, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Oklaunion, 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 Oklaunion, 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 Oklaunion, 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 Oklaunion, 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 Oklaunion, 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 Oklaunion, Texas provide a flexible financing option for individuals looking to purchase a new home before selling their existing one. This type of loan offers quick access to funds, helping buyers secure their new property without delays. Demographically, Oklaunion, Texas is a small town with a tight-knit community. The population is diverse, with a mix of young families and retirees. The town's residents take pride in their community, making it a welcoming place for newcomers. In terms of the housing market, Oklaunion offers a range of options, from charming historic homes to modern developments. Bridge loans can help buyers take advantage of these opportunities by providing the necessary financial bridge between selling and buying a home. Some of the main attractions in Oklaunion include beautiful parks and outdoor recreational areas, perfect for nature lovers. The town also boasts a rich history, with museums and cultural sites that showcase its heritage. With a vibrant community and various amenities, Oklaunion offers a great quality of life for its residents.
Benefits of Bridge Loans in Oklaunion, Texas
