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Navigating the process of buying a new home in Tynan, 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 Tynan, TX or getting it ready for the market.
Identify the new home you want to buy in Tynan, 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 Tynan, 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 Tynan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tynan, 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 Tynan, 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 Tynan, 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 Tynan, 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 Tynan, 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 Tynan, Texas offer flexibility to homeowners who are looking to purchase a new property before selling their current one. This short-term financing option allows individuals to access funds quickly and bridge the gap between the sale of their existing home and the purchase of a new one. Demographically, Tynan, Texas has a small population with a close-knit community feel. The area is known for its peaceful surroundings and friendly residents. Tynan offers a mix of rural charm and proximity to urban centers, making it an attractive place to live for those seeking a quiet lifestyle within reach of city conveniences. In terms of the housing market, Tynan, Texas boasts a diverse range of properties, from single-family homes to spacious ranch-style estates. The real estate market in Tynan is stable, with steady appreciation rates over the years. Bridge loans can help buyers take advantage of the opportunities in the Tynan housing market by providing the financial support needed to secure a new home. Some main attractions in Tynan include its beautiful natural scenery, such as local parks and wildlife reserves. Residents can also enjoy outdoor activities like hiking, fishing, and birdwatching. Additionally, Tynan is a short drive away from cultural attractions and entertainment venues in nearby towns, offering a balanced mix of relaxation and recreation.
The Benefits of Bridge Loans in Tynan, Texas
