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Navigating the process of buying a new home in Bellevue, 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 Bellevue, TX or getting it ready for the market.
Identify the new home you want to buy in Bellevue, 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 Bellevue, 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 Bellevue, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bellevue, 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 Bellevue, 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 Bellevue, 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 Bellevue, 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 Bellevue, 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!
Benefits of Bridge Loans: Bridge loans offer quick access to funds for homebuyers, allowing them to secure a new property before selling their current one. This can prevent buyers from missing out on their dream home while waiting for their old property to sell. Demographics: Bellevue, Texas, is a small town with a close-knit community. Its population is primarily made up of families and retirees seeking a peaceful and slower-paced lifestyle. Housing Market: The housing market in Bellevue offers a mix of traditional single-family homes and spacious rural properties. With the help of bridge loans, buyers have the flexibility to move quickly on desirable properties, especially in a competitive market. Main Attractions: Bellevue is known for its charming downtown area, local parks, and proximity to outdoor recreational activities such as fishing and hiking. The town's historic sites and annual events also attract visitors throughout the year.
Bridge Loans in Bellevue, Texas
