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Navigating the process of buying a new home in Taylor, 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 Taylor, TX or getting it ready for the market.
Identify the new home you want to buy in Taylor, 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 Taylor, 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 Taylor, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Taylor, 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 Taylor, 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 Taylor, 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 Taylor, 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 Taylor, 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 Taylor, Texas offer quick financing solutions for homeowners looking to purchase a new property before selling their current one. These loans provide temporary funding to bridge the gap between the purchase of a new home and the sale of the existing one, allowing for a smoother transition. Demographics Taylor, Texas has a diverse population with a mix of young families, professionals, and retirees. The city offers a small-town feel with easy access to urban amenities. The cost of living is reasonable, making it an attractive option for those looking to settle down. Housing Market The housing market in Taylor, Texas is on the rise, with a steady increase in property values over the past few years. Bridge loans can be a valuable tool for homebuyers in this competitive market, allowing them to make strong offers and secure their dream homes. Main Attractions Taylor, Texas is known for its charming downtown area, historic buildings, and vibrant community events. Residents can enjoy local parks, shopping, dining, and cultural attractions. The city's proximity to major highways also makes it easy to explore nearby attractions and cities.
Benefits of Bridge Loans in Taylor, Texas