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Navigating the process of buying a new home in Ore City, 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 Ore City, TX or getting it ready for the market.
Identify the new home you want to buy in Ore City, 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 Ore City, 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 Ore City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ore City, 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 Ore City, 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 Ore City, 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 Ore City, 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 Ore City, 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 in Ore City, Texas provide immediate funds for purchasing a new home before selling the current one. This enables smooth transitions without the stress of timing constraints or the need for a contingency sale. Demographics: Ore City, Texas, has a diverse population with a mix of families, professionals, and retirees. The town offers a tight-knit community feel with access to good schools and a range of amenities. Housing Market: Ore City's real estate market is stable, with a variety of housing options available, from charming single-family homes to spacious ranch properties. The town's affordable housing prices make it an attractive location for buyers looking for value. Main Attractions: Some of the main attractions in Ore City include the picturesque Lake O' The Pines, which offers fishing, boating, and camping opportunities, and the nearby historic landmarks such as the Harrison County Historical Museum.
Bridge Loans in Ore City, Texas
