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Navigating the process of buying a new home in Rogers, 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 Rogers, TX or getting it ready for the market.
Identify the new home you want to buy in Rogers, 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 Rogers, 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 Rogers, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rogers, 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 Rogers, 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 Rogers, 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 Rogers, 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 Rogers, 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 Rogers, Texas offer a flexible financing solution for homeowners who need to buy a new property before selling their current one. This type of loan bridges the gap between the sale of the existing property and the purchase of a new one, providing the funds needed to facilitate a smooth transition without the stress of timing constraints. Demographics in Rogers, Texas show a diverse community with a mix of families, professionals, and retirees. The town enjoys a suburban feel with a strong sense of community. The cost of living is reasonable, making it an attractive option for those seeking a close-knit and welcoming environment. The housing market in Rogers, Texas is stable with a variety of housing options available, including single-family homes, townhouses, and apartments. The real estate market is competitive, with homes typically selling quickly due to the town's desirable location and amenities. Main attractions in Rogers, Texas include the beautiful parks and recreational areas, such as the Rogers Municipal Park and Lake. Residents can enjoy outdoor activities like hiking, fishing, and picnicking. The town also boasts charming local shops, restaurants, and community events that add to its small-town charm.
Benefits of Bridge Loans in Rogers, Texas
