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Navigating the process of buying a new home in Roscoe, 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 Roscoe, TX or getting it ready for the market.
Identify the new home you want to buy in Roscoe, 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 Roscoe, 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 Roscoe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roscoe, 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 Roscoe, 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 Roscoe, 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 Roscoe, 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 Roscoe, 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 Roscoe, Texas provide immediate access to funds, allowing buyers to make a down payment on a new home before selling their existing property. This can be especially advantageous in a competitive market where quick transactions are essential. Demographics Roscoe, Texas, is a small town with a population of approximately 1,253 residents. The community is known for its friendly and welcoming atmosphere, making it an ideal place to raise a family or retire in peace. The town has a diverse population, with a mix of young families and retirees. Housing Market The housing market in Roscoe offers a range of affordable options for buyers, from charming historic homes to modern new constructions. With the help of bridge loans, buyers can seize opportunities quickly and secure their dream home without the stress of a prolonged sale process. Main Attractions Roscoe is home to the famous Plowboy Mudbog, an exciting annual event that draws visitors from far and wide. The town also boasts picturesque parks, local restaurants serving delicious Texan cuisine, and easy access to outdoor recreational activities, such as fishing and hiking in nearby areas.
Benefits of Bridge Loans in Roscoe, Texas
