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Navigating the process of buying a new home in Roby, 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 Roby, TX or getting it ready for the market.
Identify the new home you want to buy in Roby, 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 Roby, 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 Roby, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roby, 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 Roby, 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 Roby, 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 Roby, 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 Roby, 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 Roby, Texas offer numerous benefits for both buyers and sellers in real estate transactions. These short-term loans help bridge the gap between the purchase of a new property and the sale of an existing one. They provide flexibility and quick access to funds, allowing individuals to secure their dream home without having to wait for the sale of their current property. Demographics in Roby, Texas reveal a diverse community with a population of approximately XXXX residents. The town boasts a mix of age groups, with a strong sense of community and a welcoming atmosphere for new residents. Roby offers a range of amenities such as parks, schools, and local businesses, making it an ideal place to settle down and invest in real estate. The housing market in Roby, Texas is characterized by a variety of housing options, including single-family homes, townhouses, and apartments. The market is competitive yet offers opportunities for both buyers and sellers. With the help of bridge loans, individuals can take advantage of the dynamic real estate market in Roby and secure properties that meet their needs and preferences. Roby, Texas is home to several main attractions that draw visitors and residents alike. From historical landmarks to outdoor recreational activities, the town offers something for everyone. Attractions such as XXXX and XXXX showcase the rich history and natural beauty of the area, contributing to the overall appeal of Roby as a desirable place to live and invest in real estate.
Benefits of Bridge Loans in Roby, Texas
