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Navigating the process of buying a new home in Sublime, 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 Sublime, TX or getting it ready for the market.
Identify the new home you want to buy in Sublime, 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 Sublime, 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 Sublime, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sublime, 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 Sublime, 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 Sublime, 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 Sublime, 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 Sublime, 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 Sublime, Texas provide quick financing solutions for homebuyers, allowing them to purchase a new home before selling their existing one. This helps in avoiding the stress of timing the sale and purchase perfectly, making the transition smoother. Demographics: Sublime, Texas is a small, close-knit community with a population of approximately 300 residents. The area is known for its friendly atmosphere and strong community spirit, making it an ideal place for families and retirees alike. Housing Market: Sublime's housing market offers a mix of historic homes and modern properties, catering to various preferences. The median home price in Sublime is affordable, making it an attractive option for first-time buyers and investors looking to capitalize on the growing market. Main Attractions: Sublime boasts picturesque natural beauty, with nearby parks and recreational areas perfect for outdoor enthusiasts. Additionally, the town is located within driving distance of major cities, offering residents the best of both worlds - a serene environment with access to urban amenities.
Benefits of Bridge Loans in Sublime, Texas
