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Navigating the process of buying a new home in Saint Jo, 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 Saint Jo, TX or getting it ready for the market.
Identify the new home you want to buy in Saint Jo, 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 Saint Jo, 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 Saint Jo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Saint Jo, 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 Saint Jo, 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 Saint Jo, 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 Saint Jo, 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 Saint Jo, 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 offer the flexibility to secure financing for a new home purchase before selling your current property, preventing you from missing out on your dream home. In Saint Jo, Texas, these loans can provide a smooth transition between homes without the stress of simultaneous buying and selling. Demographics: Saint Jo, Texas has a population of approximately 1,000 residents, with a mix of families, young professionals, and retirees. The town boasts a close-knit community feel and a low crime rate, making it an attractive place to live and raise a family. Housing Market: The housing market in Saint Jo offers a variety of options, from historic homes in the downtown area to modern developments on the outskirts. The average home price is around $200,000, making it an affordable option for many buyers looking to invest in a property in a charming Texas town. Main Attractions: Saint Jo is known for its picturesque Main Street, lined with antique shops, cafes, and local boutiques. Nature enthusiasts can explore the nearby Lyndon B. Johnson National Grassland for hiking and fishing opportunities, while history buffs can visit the Montague County Courthouse, a local landmark.
Benefits of Bridge Loans in Saint Jo, Texas
