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Navigating the process of buying a new home in Queen City, 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 Queen City, TX or getting it ready for the market.
Identify the new home you want to buy in Queen City, 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 Queen City, 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 Queen City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Queen City, 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 Queen City, 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 Queen City, 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 Queen City, 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 Queen City, 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 Queen City, Texas offer a quick and convenient financing solution for those looking to purchase a new home before selling their current property. These loans provide temporary funding to bridge the gap between the purchase of a new home and the sale of the existing one. Demographically, Queen City, Texas, is a charming small town with a population that values community and the arts. The town has a diverse population with a mix of residents of different ages and backgrounds, creating a welcoming and inclusive atmosphere for all. In terms of the housing market, Queen City, Texas, offers a variety of housing options, from historic homes to modern developments. The market is stable, with moderate prices and a range of choices to suit different preferences and budgets. Main attractions in Queen City include its beautiful parks, historic landmarks, and vibrant local businesses. Residents and visitors alike can enjoy outdoor activities, cultural events, and shopping opportunities in this quaint town.
Benefits of Bridge Loans in Queen City, Texas
