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Navigating the process of buying a new home in Strawn, 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 Strawn, TX or getting it ready for the market.
Identify the new home you want to buy in Strawn, 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 Strawn, 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 Strawn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Strawn, 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 Strawn, 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 Strawn, 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 Strawn, 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 Strawn, 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!
Benefits of Bridge Loans: Bridge loans in Strawn, Texas provide borrowers with a short-term financing option to bridge the gap between the purchase of a new property and the sale of an existing one. These loans offer flexibility, speed, and convenience to homeowners looking to seize opportunities in a competitive real estate market. Demographics: Strawn, Texas, with a population of approximately X, is a charming small town known for its tight-knit community and strong sense of local pride. The town boasts a diverse population, with a mix of families, retirees, and young professionals contributing to its vibrant culture. Housing Market: The housing market in Strawn, Texas, offers a mix of historic homes, modern developments, and picturesque rural properties. With affordable prices compared to larger urban centers, Strawn presents an attractive option for homebuyers seeking a tranquil yet connected lifestyle. Main Attractions: Strawn is home to the famous Mary’s Café, renowned for its chicken-fried steak, drawing visitors from far and wide. Additionally, Possum Kingdom Lake, just a short drive away, provides residents with recreational opportunities like fishing, boating, and hiking, making it a popular destination for outdoor enthusiasts.
Bridge Loans in Strawn, Texas
