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Navigating the process of buying a new home in Smyer, 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 Smyer, TX or getting it ready for the market.
Identify the new home you want to buy in Smyer, 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 Smyer, 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 Smyer, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Smyer, 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 Smyer, 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 Smyer, 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 Smyer, 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 Smyer, 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 Smyer, Texas offer a valuable financial solution for individuals looking to purchase a new home before selling their existing one. These loans provide temporary financing to bridge the gap between the sale of the current property and the purchase of a new one, offering flexibility and convenience to homeowners. Smyer, Texas, is a small town with a close-knit community, ideal for families and individuals seeking a peaceful and friendly environment. The town boasts a diverse population with a mix of age groups and professions, creating a vibrant and inclusive community. The housing market in Smyer, Texas, offers a range of options, from cozy single-family homes to spacious ranch-style properties. With affordable prices compared to nearby cities, Smyer presents an attractive opportunity for homebuyers looking to invest in a charming and growing community. Main attractions in Smyer include the beautiful Smyer Park, perfect for outdoor activities and picnics, and the local farmers' market offering fresh produce and handmade goods. Additionally, the town is known for its annual festivals and events that celebrate local culture and traditions.
Benefits of Bridge Loans in Smyer, Texas
