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Navigating the process of buying a new home in Pittsburg, 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 Pittsburg, TX or getting it ready for the market.
Identify the new home you want to buy in Pittsburg, 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 Pittsburg, 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 Pittsburg, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, Texas provide a valuable financing option for homeowners looking to purchase a new home before selling their existing one. These loans help bridge the gap between the sale of the old property and the purchase of the new one, offering flexibility and convenience to borrowers. Pittsburg, Texas, a charming town with a population of around 4,500, boasts a rich history and a strong sense of community. The area's demographic is diverse, with a mix of families, young professionals, and retirees all calling Pittsburg home. The town's close-knit atmosphere makes it an ideal place to raise a family or settle down. The housing market in Pittsburg, Texas, is thriving, with a range of affordable options available for buyers. The average home price in Pittsburg is around $150,000, making it an attractive location for first-time buyers and investors alike. With a variety of housing styles and neighborhoods to choose from, Pittsburg offers something for everyone. Some of the main attractions in Pittsburg include the historic downtown area, known for its quaint shops and restaurants, as well as the beautiful surrounding countryside, which provides ample opportunities for outdoor activities like hiking, fishing, and camping. The town also hosts a number of annual events and festivals that bring the community together and showcase the best of Pittsburg's culture and heritage.
Bridge Loans in Pittsburg, Texas
