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Navigating the process of buying a new home in Blessing, 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 Blessing, TX or getting it ready for the market.
Identify the new home you want to buy in Blessing, 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 Blessing, 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 Blessing, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blessing, 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 Blessing, 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 Blessing, 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 Blessing, 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 Blessing, 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 Blessing, Texas offer numerous benefits to homebuyers. They provide a quick and convenient financing option for purchasing a new home before selling your existing one, avoiding the need for a contingent offer. Demographics: Blessing, Texas, is a small, tight-knit community with a population that values rural living. The area is known for its friendly residents and a strong sense of community, making it an ideal place for families and retirees. Housing Market: Blessing's housing market is stable and offers a mix of single-family homes and larger properties with ample land. The market is competitive but still affordable compared to nearby urban areas, making it an attractive option for those seeking a quieter lifestyle. Main Attractions: Blessing is close to natural attractions like the San Bernard National Wildlife Refuge, providing opportunities for outdoor activities such as bird watching and hiking. The town also boasts historical sites like the 1902 Blessing Hotel, adding to its charm and appeal.
Benefits of Bridge Loans in Blessing, Texas
