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Navigating the process of buying a new home in Rosebud, 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 Rosebud, TX or getting it ready for the market.
Identify the new home you want to buy in Rosebud, 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 Rosebud, 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 Rosebud, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rosebud, 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 Rosebud, 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 Rosebud, 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 Rosebud, 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 Rosebud, 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!
Benefits of Bridge Loans: Bridge loans provide short-term financing that can help buyers bridge the gap between the purchase of a new property and the sale of their existing one. This can be particularly useful in a competitive market like Rosebud, Texas, where quick transactions are common. Demographics: Rosebud, Texas, is a small town with a population that boasts a mix of age groups, ranging from young families to retirees. The community is known for its strong sense of unity and friendly atmosphere, making it an ideal place to call home. Housing Market: The housing market in Rosebud, Texas, is dynamic and diverse, with a range of housing options available to suit different preferences and budgets. Bridge loans can be a helpful tool in navigating this market, allowing buyers to act quickly when they find their ideal home. Main Attractions: Rosebud, Texas, offers a blend of natural beauty and historical charm. Visitors and residents alike can enjoy attractions such as the Rosebud Park, known for its scenic landscapes, as well as local eateries serving up delicious Southern cuisine.
Bridge Loans in Rosebud, Texas
