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Navigating the process of buying a new home in Roosevelt, 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 Roosevelt, TX or getting it ready for the market.
Identify the new home you want to buy in Roosevelt, 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 Roosevelt, 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 Roosevelt, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roosevelt, 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 Roosevelt, 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 Roosevelt, 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 Roosevelt, 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 Roosevelt, 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 Roosevelt, Texas offer a flexible financing option for homebuyers who need to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide immediate funds, allowing buyers to make a strong offer on a new home without being contingent on the sale of their existing home. Roosevelt, Texas, is a charming town with a population that boasts a mix of young professionals, families, and retirees. The town offers a tight-knit community feel, excellent schools, and various outdoor recreational activities, making it an ideal place to raise a family or enjoy a peaceful retirement. The housing market in Roosevelt, Texas, is stable with a steady increase in property values over the last few years. With a range of housing options available, from quaint cottages to modern single-family homes, the market caters to diverse needs and budgets, making it an attractive location for both first-time buyers and seasoned homeowners. Some main attractions in Roosevelt include the beautiful Roosevelt State Park, which offers hiking trails, fishing spots, and camping facilities. The town also hosts annual events like the Roosevelt Rodeo and the Fall Festival, bringing the community together for fun and celebration throughout the year.
Benefits of Bridge Loans in Roosevelt, Texas
