Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sterling City, 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 Sterling City, TX or getting it ready for the market.
Identify the new home you want to buy in Sterling City, 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 Sterling City, 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 Sterling City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sterling City, 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 Sterling City, 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 Sterling City, 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 Sterling City, 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 Sterling City, 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 Sterling City, Texas offer a convenient financing solution for individuals looking to purchase a new home before selling their current one. These loans provide quick access to funds, allowing buyers to secure their new property without the need to wait for their existing home to sell. Demographically, Sterling City, Texas, is a small yet vibrant community with a population of around 900 residents. The town has a close-knit feel, making it an attractive destination for families and individuals seeking a peaceful and welcoming environment to call home. In terms of the housing market, Sterling City offers a range of affordable housing options suitable for various budgets and preferences. The market is stable, with steady appreciation rates, making it an excellent location for both first-time buyers and seasoned investors looking to expand their real estate portfolio. Sterling City boasts a few main attractions, including the picturesque Sterling County Courthouse, known for its historic architecture and significance. Additionally, outdoor enthusiasts can enjoy the nearby parks and recreational areas, providing ample opportunities for hiking, camping, and other outdoor activities.
Benefits of Bridge Loans in Sterling City, Texas
