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Navigating the process of buying a new home in Staples, 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 Staples, TX or getting it ready for the market.
Identify the new home you want to buy in Staples, 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 Staples, 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 Staples, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Staples, 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 Staples, 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 Staples, 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 Staples, 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 Staples, 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 offer a convenient and flexible short-term financing solution for individuals looking to purchase a new property before selling their existing one in Staples, Texas. This financial tool helps bridge the gap between the sale of one property and the purchase of another, preventing individuals from missing out on their dream home. Demographics in Staples, Texas, showcase a diverse community with a mix of young professionals, families, and retirees. The town boasts a close-knit atmosphere, with a population that values community involvement and local events. Staples is known for its rich history and welcoming residents, making it an ideal place to settle down. The housing market in Staples, Texas, is dynamic and offers a range of property options to suit varying budgets and preferences. From cozy single-family homes to spacious ranch-style properties, prospective buyers can find their perfect match. With competitive prices and low-interest rates, the real estate market in Staples presents an excellent investment opportunity. Main attractions in Staples, Texas, include the picturesque San Marcos River, where residents and visitors can enjoy water activities like tubing and kayaking. The nearby Palmetto State Park offers hiking trails, camping sites, and birdwatching opportunities. Additionally, the historic Downtown Staples area features charming shops, restaurants, and cultural landmarks for all to explore.
Benefits of Bridge Loans in Staples, Texas
