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Navigating the process of buying a new home in Rosston, 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 Rosston, TX or getting it ready for the market.
Identify the new home you want to buy in Rosston, 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 Rosston, 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 Rosston, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rosston, 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 Rosston, 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 Rosston, 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 Rosston, 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 Rosston, 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 Rosston, Texas offer a convenient financing solution for homeowners looking to purchase a new home before selling their current one. These short-term loans bridge the gap between the purchase of a new property and the sale of the existing property, providing the flexibility and funds needed to secure the new home. Rosston, Texas, located in Cooke County, boasts a diverse population of approximately XXXX residents. The town offers a charming rural setting with easy access to larger urban areas like Dallas and Fort Worth, making it an ideal location for those seeking a peaceful community with proximity to city amenities. The housing market in Rosston is characterized by a mix of historic homes and newer developments. With a median home price of $XXX,XXX, the market offers various options for potential homebuyers. The demand for housing in Rosston is steady, making it a stable investment opportunity for those looking to purchase property in the area. Some of the main attractions in Rosston include the picturesque XXXX State Park, which offers hiking trails, picnic areas, and camping facilities. Additionally, the town hosts an annual XXXX festival, celebrating the local culture and community spirit. With its scenic beauty and vibrant community events, Rosston offers a unique and inviting place to call home.
Benefits of Bridge Loans in Rosston, Texas