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Navigating the process of buying a new home in Tell, 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 Tell, TX or getting it ready for the market.
Identify the new home you want to buy in Tell, 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 Tell, 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 Tell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tell, 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 Tell, 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 Tell, 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 Tell, 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 Tell, 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 Tell, Texas provide a valuable financial solution for homebuyers who need funds to purchase a new home before selling their current one. These short-term loans bridge the gap between the purchase of a new property and the sale of the existing one, offering flexibility and ease of financing. Demographically, Tell, Texas has a diverse population with a mix of families, professionals, and retirees. The town boasts a strong sense of community and has excellent school systems, making it an ideal place for families to settle down. The cost of living is reasonable, and the area has a low crime rate, making it a safe and attractive place to live. The housing market in Tell, Texas is thriving, with a range of options available for buyers. From historic homes with character to modern developments, there is something for everyone. Property values have been steadily increasing, making it a sound investment for the future. Some of the main attractions in Tell, Texas include the picturesque downtown area, which is lined with charming shops and restaurants. Outdoor enthusiasts will enjoy the nearby parks and hiking trails, while history buffs can explore the town's rich heritage through its museums and historic sites.
Benefits of Bridge Loans in Tell, Texas
