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Navigating the process of buying a new home in Texline, 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 Texline, TX or getting it ready for the market.
Identify the new home you want to buy in Texline, 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 Texline, 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 Texline, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Texline, 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 Texline, 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 Texline, 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 Texline, 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 Texline, 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 Texline, Texas offer a flexible financing solution for homeowners who need to buy a new property before selling their current one. These loans provide quick access to funds, enabling individuals to bridge the gap between buying a new home and selling the old one. Texline, Texas, is a small town with a population of approximately 507 residents. The community is known for its friendly atmosphere and close-knit community spirit. The town's demographics consist mainly of families and retirees seeking a peaceful and serene environment to call home. The housing market in Texline, Texas, offers a mix of affordable and mid-range properties, making it an attractive destination for first-time homebuyers and those looking to downsize. The market is relatively stable, with steady growth in property values over the past few years. While in Texline, visitors and residents can enjoy attractions such as the Dallam County Courthouse, a historic landmark with beautiful architecture. The town also boasts scenic countryside views and outdoor recreational opportunities, making it a perfect place for nature lovers.
Benefits of Bridge Loans in Texline, Texas
