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Navigating the process of buying a new home in Scurry, 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 Scurry, TX or getting it ready for the market.
Identify the new home you want to buy in Scurry, 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 Scurry, 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 Scurry, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Scurry, 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 Scurry, 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 Scurry, 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 Scurry, 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 Scurry, 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 Scurry, Texas offer numerous benefits to homeowners and property investors. These short-term loans provide quick access to funds, allowing individuals to make a down payment on a new property while awaiting the sale of their current one. This helps avoid the common issue of timing gaps between buying and selling real estate. Scurry, Texas, is a vibrant community with a diverse population. The town boasts a strong sense of community, with residents who take pride in maintaining the area's natural beauty and historical charm. The demographic makeup includes a mix of families, young professionals, and retirees, creating a dynamic and welcoming environment. The housing market in Scurry, Texas, is steadily growing, making it an attractive location for property investments. The town offers a variety of housing options, including spacious single-family homes, charming townhouses, and modern apartments. With competitive pricing and a range of property styles, Scurry presents ample opportunities for buyers and investors alike. Some main attractions in Scurry include the beautiful Lake Ray Hubbard, a popular spot for water activities such as boating and fishing. The town also features scenic parks, hiking trails, and local eateries that showcase the region's unique cuisine. Additionally, Scurry hosts cultural events and festivals throughout the year, providing entertainment for residents and visitors alike.
Benefits of Bridge Loans in Scurry, Texas