Get Approved at The Lowest Rate
Navigating the process of buying a new home in Paris, 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 Paris, TX or getting it ready for the market.
Identify the new home you want to buy in Paris, 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 Paris, 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 Paris, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Paris, 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 Paris, 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 Paris, 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 Paris, 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 Paris, 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 Paris, Texas offer immediate financial relief to individuals or families facing the challenge of buying a new home before selling their existing one. These loans provide the flexibility to make a competitive offer on a new property without having to wait for the sale of the current home, thus avoiding the risk of losing out on a dream home. Demographics in Paris, Texas, show a vibrant and diverse community. With a population of approximately 25,000 residents, the city boasts a mix of cultures and backgrounds, creating a unique and welcoming atmosphere. The median age is 36, making it an attractive location for young families and professionals looking to settle down. The housing market in Paris, Texas, is experiencing steady growth, with diverse options ranging from historic homes to modern developments. The median home value is around $120,000, making it an affordable option for first-time buyers and those looking to invest in real estate. The city's strategic location and thriving economy contribute to its attractiveness for property investment. Main attractions in Paris, Texas, include the Eiffel Tower replica, a popular tourist spot that offers breathtaking views of the city. Additionally, the Lamar County Historical Museum showcases the rich history of the area, while Lake Crook provides outdoor recreational opportunities for residents and visitors alike.
The Benefits of Bridge Loans in Paris, Texas
