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Navigating the process of buying a new home in Roanoke, 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 Roanoke, TX or getting it ready for the market.
Identify the new home you want to buy in Roanoke, 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 Roanoke, 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 Roanoke, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, Texas offer a convenient financing solution for homeowners who need to bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide flexibility, enabling individuals to secure their new property without being contingent on the sale of their current home. Roanoke, Texas, known for its welcoming community and small-town feel, boasts a diverse demographic profile. The town has a growing population, with a mix of families, young professionals, and retirees. The area's strong job market and excellent schools make it an attractive location for individuals looking to settle down. The housing market in Roanoke, Texas, is thriving, with a range of properties available to suit different preferences and budgets. The town offers a mix of traditional single-family homes, modern condos, and spacious estates, providing options for every buyer. With competitive interest rates and favorable market conditions, it is an excellent time to invest in Roanoke's real estate market. Roanoke is home to several main attractions that appeal to residents and visitors alike. The unique dining scene, vibrant shopping options, and picturesque natural landscapes, including the nearby Grapevine Lake, offer ample opportunities for entertainment and relaxation. Additionally, the town's rich history and cultural events provide a dynamic community experience for all.
Benefits of Bridge Loans in Roanoke, Texas