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Navigating the process of buying a new home in Stanton, 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 Stanton, TX or getting it ready for the market.
Identify the new home you want to buy in Stanton, 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 Stanton, 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 Stanton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Stanton, 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 Stanton, 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 Stanton, 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 Stanton, 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 Stanton, 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 Stanton, Texas offer a convenient financing solution for individuals looking to bridge the gap between the purchase of a new property and the sale of their current home. These loans provide quick access to funds, allowing buyers to secure their new home without the pressure of selling their existing one first. Demographically, Stanton, Texas has a population of approximately X, with a median household income of Y. The area is known for its diverse community, with a mix of families, young professionals, and retirees. The city boasts a vibrant culture and a strong sense of community. In terms of the housing market, Stanton, Texas offers a range of options, from cozy single-family homes to spacious ranch-style properties. The market is competitive, with prices steadily appreciating over the years. Bridge loans can help buyers take advantage of the current market conditions and secure their dream home. Some of the main attractions in Stanton include Z Park, the Stanton Museum, and annual events like the Stanton Rodeo. The city is also known for its rich history, friendly locals, and thriving local businesses. With a quaint charm and modern amenities, Stanton is an ideal place to call home.
Benefits of Bridge Loans in Stanton, Texas
