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Navigating the process of buying a new home in Trenton, 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 Trenton, TX or getting it ready for the market.
Identify the new home you want to buy in Trenton, 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 Trenton, 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 Trenton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Trenton, 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 Trenton, 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 Trenton, 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 Trenton, 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 Trenton, 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 Trenton, Texas offer a convenient solution for individuals looking to purchase a new home before selling their existing property. This type of loan provides temporary financing, allowing you to bridge the gap between the sale of your current home and the purchase of a new one. Demographics: Trenton, Texas, is a small, tight-knit community with a population of around 600 residents. The town boasts a peaceful atmosphere and is ideal for families looking for a quiet, suburban lifestyle. The area is known for its excellent schools and strong sense of community. Housing Market: The housing market in Trenton, Texas, is stable with a variety of properties available, from cozy single-family homes to spacious estates. The median home price in Trenton is affordable compared to surrounding areas, making it an attractive option for first-time homebuyers and families. Main Attractions: Trenton, Texas, offers a range of attractions for residents and visitors alike. From the picturesque Trenton Town Square to the scenic Trenton City Park, there are plenty of outdoor spaces to enjoy. Additionally, the town is located close to Lake Bonham, providing opportunities for water activities and leisure.
Benefits of Bridge Loans in Trenton, Texas
