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Navigating the process of buying a new home in Sadler, 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 Sadler, TX or getting it ready for the market.
Identify the new home you want to buy in Sadler, 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 Sadler, 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 Sadler, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sadler, 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 Sadler, 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 Sadler, 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 Sadler, 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 Sadler, 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 Sadler, Texas offer a convenient financing solution for individuals in need of temporary funds to purchase a new home before selling their current one. These loans provide quick access to capital, allowing buyers to act swiftly in competitive real estate markets. The town of Sadler, Texas, boasts a diverse population of around 400 residents. With a median age of 41, the community is characterized by a mix of families, retirees, and young professionals, creating a welcoming and close-knit atmosphere. When it comes to the housing market, Sadler offers a range of options, including single-family homes, ranch-style properties, and spacious lots ideal for new construction. The market is stable, with moderate price growth, making it an attractive location for both first-time buyers and investors. Some main attractions in Sadler include the beautiful Eisenhower State Park, offering opportunities for outdoor activities such as hiking, camping, and fishing. Additionally, the town is located near Lake Texoma, a popular destination for boating and water sports enthusiasts.
Benefits of Bridge Loans in Sadler, Texas
