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Navigating the process of buying a new home in Turkey, 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 Turkey, TX or getting it ready for the market.
Identify the new home you want to buy in Turkey, 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 Turkey, 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 Turkey, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Turkey, 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 Turkey, 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 Turkey, 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 Turkey, 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 Turkey, 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 Turkey, Texas provide a convenient financing option for homeowners who are looking to purchase a new property before selling their current one. These loans offer flexibility in terms of repayment schedules and can help bridge the financial gap during the transition period, allowing homeowners to secure their dream home without the stress of timing the sale of their existing property. Demographics: Turkey, Texas has a population of approximately 500 residents, offering a close-knit community with a small-town feel. The town is known for its rich history and friendly atmosphere, making it an ideal place for families and individuals looking for a peaceful place to call home. Housing Market: The housing market in Turkey, Texas is characterized by affordable and charming properties, ranging from historic homes to modern builds. Bridge loans can help buyers take advantage of favorable market conditions and secure a property in this picturesque town before prices rise. Main Attractions: Turkey, Texas boasts a variety of attractions for residents and visitors alike, including the Turkey Historic District, which showcases the town's heritage, and the Turkey Roost Museum, offering insights into local culture and traditions. Outdoor enthusiasts can also enjoy activities such as hiking in the nearby Caprock Canyons State Park.
Benefits of Bridge Loans in Turkey, Texas
