Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rusk, 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 Rusk, TX or getting it ready for the market.
Identify the new home you want to buy in Rusk, 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 Rusk, 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 Rusk, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rusk, 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 Rusk, 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 Rusk, 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 Rusk, 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 Rusk, 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 Rusk offer a quick and flexible financing solution for homeowners needing to bridge the gap between buying a new home and selling their current one. This type of loan provides the necessary funds to secure a new property without having to wait for the sale of the existing one, making it ideal for those looking to move swiftly. Rusk, Texas, boasts a diverse community with a population that values a small-town atmosphere while still being close to major cities like Dallas and Houston. With a median age of 36, Rusk is a family-friendly town with good schools and a growing job market, making it an attractive location for both young professionals and families. The housing market in Rusk is stable, offering a mix of historic homes and modern developments. The median home price is affordable compared to larger cities in Texas, making it an affordable option for first-time homebuyers or those looking to downsize. With a variety of housing options available, from single-family homes to apartments, Rusk accommodates a range of preferences and budgets. Main attractions in Rusk include the Texas State Railroad, known for its scenic train rides through the Piney Woods, and the Cherokee Civic Theatre, offering a variety of performances throughout the year. Outdoor enthusiasts can enjoy hiking and fishing at the nearby Lake Jacksonville or explore the historic sites in downtown Rusk.
Benefits of Bridge Loans in Rusk, Texas
