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Navigating the process of buying a new home in Olton, 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 Olton, TX or getting it ready for the market.
Identify the new home you want to buy in Olton, 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 Olton, 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 Olton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Olton, 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 Olton, 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 Olton, 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 Olton, 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 Olton, 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 Olton, Texas offer numerous advantages for homebuyers and sellers. These short-term loans provide the flexibility to bridge the gap between buying a new home and selling an existing one. They allow individuals to access funds quickly, enabling them to secure their new property without lengthy delays. Olton, Texas, has a diverse demographic profile consisting of families, professionals, and retirees. The friendly community fosters a close-knit atmosphere, with a range of amenities and services catering to residents of all ages. The town boasts a strong sense of community spirit and prides itself on its welcoming environment. The housing market in Olton, Texas, is vibrant and offers a variety of properties to suit different needs and preferences. With a mix of historic homes and modern developments, potential buyers can find options that align with their tastes. The market is competitive yet stable, making it an attractive location for real estate investments. Main attractions in Olton include its beautiful parks, such as City Park and Clark Park, which provide spaces for recreation and relaxation. The town also hosts local events and festivals that showcase its rich culture and heritage. Additionally, Olton is known for its charming downtown area, featuring quaint shops and dining establishments.
Bridge Loans in Olton, Texas
