Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sudan, 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 Sudan, TX or getting it ready for the market.
Identify the new home you want to buy in Sudan, 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 Sudan, 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 Sudan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sudan, 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 Sudan, 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 Sudan, 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 Sudan, 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 Sudan, 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 residents of Sudan, Texas a flexible financing option to purchase a new home before selling their current one. This helps avoid the hassle and stress of coordinating two transactions simultaneously, providing a smooth transition for homeowners. Demographics: Sudan, Texas, known for its tight-knit community, has a population of approximately 1,000 residents. The town boasts a diverse demographic profile, with a mix of families, professionals, and retirees enjoying the peaceful rural setting. Housing Market: The housing market in Sudan offers affordable options for both buyers and renters. With a median home price below the national average, coupled with the availability of bridge loans, residents can easily navigate the real estate market and find their dream home. Main Attractions: Sudan, Texas, surrounded by picturesque landscapes, offers residents and visitors alike various outdoor activities such as hiking, fishing, and camping. Additionally, the town hosts annual events like the Sudan Harvest Festival, showcasing local culture and traditions.
Benefits of Bridge Loans in Sudan, Texas
