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Navigating the process of buying a new home in Sheppard Afb, 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 Sheppard Afb, TX or getting it ready for the market.
Identify the new home you want to buy in Sheppard Afb, 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 Sheppard Afb, 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 Sheppard Afb, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sheppard Afb, 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 Sheppard Afb, 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 Sheppard Afb, 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 Sheppard Afb, 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 Sheppard Afb, 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 Sheppard AFB, Texas offer a valuable financing solution for individuals looking to buy a new home before selling their current one. This type of loan provides the necessary funds to bridge the gap between the purchase of a new property and the sale of an existing one, allowing for a smoother transition without the need to worry about timing constraints. The demographics of Sheppard AFB reflect a diverse community, with a mix of military personnel, civilians, and their families. The area is known for its strong sense of community and support for military personnel, making it an ideal location for those connected to the armed forces. The housing market in Sheppard AFB is vibrant, offering a range of housing options to suit different needs and preferences. With a mix of single-family homes, townhouses, and apartments, there is something for everyone in this bustling market. The competitive nature of the market ensures that sellers can find buyers quickly, while buyers have a variety of options to choose from. Sheppard AFB boasts a range of attractions, including the Sheppard Air Force Base Museum, which offers a fascinating look into the history of aviation and the armed forces. The city also features outdoor recreational opportunities, shopping centers, and dining options, making it a well-rounded destination for residents and visitors alike.
Benefits of Bridge Loans in Sheppard AFB, Texas
