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Navigating the process of buying a new home in Quanah, 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 Quanah, TX or getting it ready for the market.
Identify the new home you want to buy in Quanah, 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 Quanah, 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 Quanah, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Quanah, 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 Quanah, 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 Quanah, 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 Quanah, 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 Quanah, 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 Quanah offer a valuable financial solution for individuals looking to purchase a new home before selling their current one. These short-term loans provide quick access to capital, allowing buyers to secure a new property without waiting for their old home to sell. This can be especially advantageous in a competitive market where timing is crucial. Quanah, Texas, is a charming town with a population of approximately 2,500 residents. The community boasts a diverse demographic mix, with a median age of 41 years old. The town has a strong sense of community spirit, with residents actively participating in local events and organizations. The housing market in Quanah offers a range of options for buyers, from historic homes with character to modern developments with all the latest amenities. The median home price in Quanah is around $90,000, making it an affordable choice for those looking to invest in real estate. With the help of bridge loans, buyers can take advantage of these opportunities without delay. Quanah is home to several main attractions, including Copper Breaks State Park, a scenic outdoor destination perfect for hiking and camping. The Hardeman County Historical Museum offers a glimpse into the town's past, showcasing artifacts and exhibits that highlight its rich history. Additionally, the Quanah Parker Trail commemorates the legacy of the renowned Comanche chief.
Benefits of Bridge Loans in Quanah, Texas
