Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sunray, 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 Sunray, TX or getting it ready for the market.
Identify the new home you want to buy in Sunray, 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 Sunray, 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 Sunray, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sunray, 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 Sunray, 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 Sunray, 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 Sunray, 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 Sunray, 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 temporary financing solution for homeowners looking to purchase a new property before selling their existing one, providing flexibility and speed in real estate transactions. Located in the northern part of the Texas Panhandle, Sunray is a small town with a population of around 1,900 residents. The community is known for its friendly atmosphere, low crime rates, and excellent schools, making it a great place to raise a family. The housing market in Sunray is currently stable with a mix of single-family homes, ranch properties, and some new developments. The median home value is affordable, making it an attractive option for first-time buyers and those looking to invest in real estate. Main attractions in Sunray include the Sunray Country Club, offering golfing opportunities, and the nearby Lake Meredith National Recreation Area, popular for outdoor activities like boating, fishing, and hiking, providing residents with a variety of leisure options.
Benefits of Bridge Loans in Sunray, Texas
