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Navigating the process of buying a new home in Pinehurst, 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 Pinehurst, TX or getting it ready for the market.
Identify the new home you want to buy in Pinehurst, 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 Pinehurst, 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 Pinehurst, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pinehurst, 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 Pinehurst, 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 Pinehurst, 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 Pinehurst, 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 Pinehurst, 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 Pinehurst, Texas offer homeowners flexibility when buying a new home before selling their current one. This type of financing provides quick access to funds, enabling seamless transitions between properties without the stress of timing constraints. Demographically, Pinehurst, Texas, boasts a population that values a close-knit community feel. The area attracts both families and retirees looking for a peaceful suburban setting with access to big city amenities. The town's population reflects a mix of ages and backgrounds, fostering a diverse and welcoming environment. The housing market in Pinehurst, Texas, is dynamic and shows growth potential. Though property values have been on the rise, the market remains competitive and offers various options to suit different preferences and budgets. Bridge loans can be advantageous in this market by providing buyers with options to secure their dream homes without delays. Main attractions in Pinehurst include the stunning Pinehurst Wilderness Park, which offers hiking trails and picturesque views for outdoor enthusiasts. Additionally, the town's proximity to Houston allows residents easy access to urban amenities, cultural attractions, and employment opportunities while still enjoying a quieter suburban lifestyle.
Benefits of Bridge Loans in Pinehurst, Texas