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Navigating the process of buying a new home in Paige, 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 Paige, TX or getting it ready for the market.
Identify the new home you want to buy in Paige, 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 Paige, 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 Paige, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Paige, 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 Paige, 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 Paige, 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 Paige, 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 Paige, 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 Paige, Texas offer valuable benefits to homebuyers. They provide the flexibility to purchase a new home before selling an existing one, preventing the need to rush a sale at a lower price. This type of loan helps bridge the gap between buying a new property and selling the current one, making it a convenient option for many. Demographics: Paige, Texas, is a charming small town with a population of approximately 2,000 residents. The community is diverse, with a mix of families, young professionals, and retirees. The town has a strong sense of community and offers a peaceful, suburban lifestyle. Housing Market: Paige's housing market is vibrant, with a variety of housing options available. The median home price is affordable compared to nearby cities, making it an attractive option for first-time buyers and those looking to upgrade. The market is competitive, with homes selling quickly, making bridge loans a valuable tool to secure a new property. Main Attractions: Paige, Texas, is known for its picturesque countryside, offering outdoor enthusiasts plenty of opportunities for hiking, fishing, and camping. The town is also home to historical sites, local shops, and charming cafes, providing residents with a rich cultural experience.
Benefits of Bridge Loans in Paige, Texas
