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Navigating the process of buying a new home in Seymour, 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 Seymour, TX or getting it ready for the market.
Identify the new home you want to buy in Seymour, 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 Seymour, 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 Seymour, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seymour, 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 Seymour, 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 Seymour, 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 Seymour, 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 Seymour, 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!
Benefits of Bridge Loans: Bridge loans offer a quick financing solution for homeowners looking to purchase a new property before selling their current one. This type of loan provides short-term funds to bridge the gap between buying a new home and selling the old one, preventing financial strain and enabling a smooth transition. Demographics: Seymour, Texas, is a vibrant community with a population that appreciates the small-town charm and rich local history. The town is known for its friendly residents, strong community spirit, and affordable cost of living, making it an attractive place to call home. Housing Market: The housing market in Seymour offers diverse options, from historic homes to modern properties. With competitive prices and a range of amenities, potential buyers can find a home that suits their preferences and needs. Bridge loans can facilitate the process of acquiring these properties swiftly. Main Attractions: Seymour boasts various attractions, including the Whiteside Museum of Natural History, Seymour Lake, and parks for outdoor activities. Residents and visitors alike enjoy the town's cultural offerings, recreational opportunities, and welcoming atmosphere.
Bridge Loans in Seymour, Texas
