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Navigating the process of buying a new home in Price, 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 Price, TX or getting it ready for the market.
Identify the new home you want to buy in Price, 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 Price, 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 Price, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Price, 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 Price, 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 Price, 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 Price, 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 Price, 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 Price, Texas provide individuals with a short-term financing option to bridge the gap between the purchase of a new property and the sale of an existing one. One of the main benefits of bridge loans is the quick access to funds, allowing homeowners to seize investment opportunities or purchase their dream home without delay. In terms of demographics, Price, Texas boasts a diverse population with a mix of families, professionals, and retirees. The community prides itself on its tight-knit feel and welcoming atmosphere, making it an attractive place for individuals of all ages and backgrounds. When it comes to the housing market in Price, Texas, the area offers a range of housing options from cozy starter homes to luxurious estates. The market is competitive yet stable, with steady appreciation rates making it a sound investment for potential buyers looking to settle in a thriving community. Some main attractions in Price, Texas include the beautiful Price Park, which offers a serene setting for outdoor activities and family picnics. The town also hosts a variety of local shops, restaurants, and cultural events, providing residents with ample entertainment options without having to venture far from home.
Benefits of Bridge Loans in Price, Texas
