Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sanger, 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 Sanger, TX or getting it ready for the market.
Identify the new home you want to buy in Sanger, 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 Sanger, 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 Sanger, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sanger, 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 Sanger, 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 Sanger, 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 Sanger, 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 Sanger, 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 Sanger, Texas offer a convenient financing solution for home buyers who need to make a quick purchase without having sold their current property. This type of loan provides short-term funding that bridges the gap between the purchase of a new home and the sale of the existing one. Demographically, Sanger is a vibrant city located in Denton County, Texas, with a growing population of diverse residents. The city offers a mix of suburban and rural living, making it an attractive place for families and individuals looking for a peaceful yet connected community. The housing market in Sanger, Texas, is robust with a range of residential properties available, from cozy single-family homes to spacious ranch-style houses. The market is competitive, but bridge loans can give buyers a competitive edge by providing the necessary funds to secure a new home quickly. Sanger, Texas boasts several main attractions, including the beautiful Ray Roberts Lake State Park, which offers hiking, fishing, and camping opportunities. The city also has a rich historical heritage, with attractions like the Sanger Historical Society Museum showcasing the area's past.
Benefits of Bridge Loans in Sanger, Texas
