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Navigating the process of buying a new home in Bedias, 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 Bedias, TX or getting it ready for the market.
Identify the new home you want to buy in Bedias, 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 Bedias, 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 Bedias, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bedias, 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 Bedias, 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 Bedias, 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 Bedias, 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 Bedias, 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 Bedias, Texas offer a convenient solution for homeowners who need to buy a new home before selling their current one. These loans provide short-term financing to bridge the gap between the sale of the existing property and the purchase of a new one. This flexibility can help avoid the stress of timing the sale and purchase perfectly. Bedias, Texas, is a small town with a close-knit community and a population of approximately 499 residents. The town boasts a peaceful rural setting, perfect for those seeking a slower pace of life. The demographics include a mix of families, retirees, and young professionals, creating a diverse and welcoming atmosphere. Bedias, Texas, housing market offers a range of affordable options, from charming single-family homes to spacious ranch-style properties. The market is stable, with steady appreciation rates, making it an attractive investment opportunity for homebuyers. Bridge loans can help individuals take advantage of these favorable market conditions. While in Bedias, visitors can explore nearby attractions such as the Bedias Museum and Visitors Center, a hub of local history and culture. Outdoor enthusiasts can enjoy activities like fishing and hiking in Bedias Lake State Park, offering natural beauty and relaxation just a short drive away.
Benefits of Bridge Loans in Bedias, Texas
