Get Approved at The Lowest Rate
Navigating the process of buying a new home in Quitman, 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 Quitman, TX or getting it ready for the market.
Identify the new home you want to buy in Quitman, 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 Quitman, 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 Quitman, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Quitman, 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 Quitman, 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 Quitman, 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 Quitman, 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 Quitman, 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 Quitman, Texas offer individuals the crucial advantage of providing quick access to funds during property transitions. These short-term loans help bridge the gap between the need for immediate funds and the time it takes to secure more permanent financing. Quitman, Texas, a quaint town with a population of approximately 2,000 residents, offers a peaceful and close-knit community environment. The demographics are characterized by a mix of age groups, with a growing number of young families attracted to the town's charm. The housing market in Quitman, Texas, is currently experiencing steady growth, making it an attractive location for real estate investments. The market offers a range of property options, from historic homes to modern developments, catering to various preferences and budgets. Main Attractions in Quitman, Texas:
The Benefits of Bridge Loans in Quitman, Texas
