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Navigating the process of buying a new home in Telegraph, 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 Telegraph, TX or getting it ready for the market.
Identify the new home you want to buy in Telegraph, 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 Telegraph, 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 Telegraph, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Telegraph, 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 Telegraph, 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 Telegraph, 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 Telegraph, 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 Telegraph, 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 various benefits to residents in Telegraph, Texas. They provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This allows homeowners to secure their dream home without delays, offering flexibility and convenience in the transition process. Telegraph, Texas, is a charming town with a diverse demographic profile. The population consists of both young families and retirees, creating a vibrant community. The town has a strong sense of community spirit, with various events and festivals that bring residents together. The housing market in Telegraph, Texas, is flourishing, with a range of properties available to suit different needs and preferences. The market offers a mix of historic homes and modern developments, providing options for various budgets. With the help of bridge loans, residents can navigate the competitive market and secure their desired properties swiftly. Main attractions in Telegraph include the picturesque downtown area, known for its boutique shops and cozy cafes. The town also boasts beautiful parks and outdoor recreational areas, making it ideal for nature lovers. Additionally, Telegraph is home to historical landmarks and museums that offer insight into the town's rich heritage.
Bridge Loans Benefits in Telegraph, Texas
