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Navigating the process of buying a new home in Sanderson, 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 Sanderson, TX or getting it ready for the market.
Identify the new home you want to buy in Sanderson, 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 Sanderson, 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 Sanderson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sanderson, 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 Sanderson, 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 Sanderson, 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 Sanderson, 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 Sanderson, 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 Sanderson, Texas offer a crucial financial solution for those looking to purchase a new home before selling their existing one. These short-term loans provide immediate funds for down payments on new properties, helping buyers avoid missing out on their dream homes. Demographically, Sanderson, Texas has a population that is predominantly rural with a charming small-town feel. The residents here enjoy a tight-knit community where neighbors look out for one another and share a deep sense of pride in their town. When considering the housing market in Sanderson, Texas, one can expect a mix of traditional single-family homes, ranch-style properties, and spacious lots. The market remains stable, making it an attractive option for buyers seeking a peaceful and affordable place to call home. Some of the main attractions in Sanderson, Texas include the stunning landscapes of Big Bend National Park, offering outdoor enthusiasts opportunities for hiking, camping, and wildlife viewing. Additionally, the town is known for its historical sites, local boutiques, and friendly eateries that cater to both locals and visitors.
Benefits of Bridge Loans in Sanderson, Texas
