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Navigating the process of buying a new home in Yantis, 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 Yantis, TX or getting it ready for the market.
Identify the new home you want to buy in Yantis, 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 Yantis, 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 Yantis, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Yantis, 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 Yantis, 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 Yantis, 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 Yantis, 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 Yantis, 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 Yantis, Texas can offer numerous benefits to individuals looking to buy a new home before selling their current one. These loans provide the flexibility of covering the down payment on a new property while awaiting the sale of the old property, preventing potential missed opportunities in a competitive market. Yantis, Texas, with a population of approximately 400 residents, offers a peaceful small-town atmosphere perfect for those seeking a serene living environment. The town boasts a diverse community with a mix of age groups and backgrounds, creating a welcoming and inclusive neighborhood. The housing market in Yantis, Texas, is characterized by a variety of properties ranging from cozy single-family homes to spacious ranch-style estates. With the median home price below the national average, Yantis presents an affordable housing market suitable for first-time buyers and individuals looking to invest in real estate. Some of the main attractions in Yantis include the serene Lake Fork Reservoir, known for its excellent fishing opportunities and picturesque views. Additionally, residents can enjoy outdoor activities at the surrounding parks and explore the local shops and restaurants that showcase the town's unique charm.
Benefits of Bridge Loans in Yantis, Texas
