Get Approved at The Lowest Rate
Navigating the process of buying a new home in Seagraves, 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 Seagraves, TX or getting it ready for the market.
Identify the new home you want to buy in Seagraves, 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 Seagraves, 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 Seagraves, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seagraves, 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 Seagraves, 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 Seagraves, 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 Seagraves, 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 Seagraves, 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 Seagraves, Texas offer a valuable financial solution for individuals looking to buy a new home before selling their current one. These loans provide the flexibility and convenience of accessing funds quickly, bridging the gap between the purchase of a new property and the sale of an existing one. Demographically, Seagraves is a charming town in Gaines County, Texas, with a population of approximately 2,500 residents. The community is diverse, with a mix of families, professionals, and retirees, creating a welcoming and inclusive environment. The housing market in Seagraves is competitive yet affordable, with a median home value below the national average. Bridge loans can help buyers navigate the market dynamics by providing immediate access to funds, enabling them to secure their dream home without delay. Some main attractions in Seagraves include the Seagraves Pioneer Museum, which showcases the town's rich history, and the Seagraves Rodeo, a popular annual event that brings the community together. Additionally, outdoor enthusiasts can enjoy the nearby Caprock Canyons State Park for hiking and camping adventures.
The Benefits of Bridge Loans in Seagraves, Texas
