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Navigating the process of buying a new home in Boling, 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 Boling, TX or getting it ready for the market.
Identify the new home you want to buy in Boling, 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 Boling, 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 Boling, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Boling, 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 Boling, 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 Boling, 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 Boling, 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 Boling, 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 in Boling, Texas offer a flexible financing option for homebuyers who need to purchase a new home before selling their current one. These loans bridge the gap between the sale of the existing property and the purchase of a new one, providing financial flexibility and peace of mind. Demographics Boling, Texas, has a diverse population with a mix of families, professionals, and retirees. The community is known for its strong sense of community and local pride. The median household income is above the state average, reflecting a relatively affluent and stable economy. Housing Market The housing market in Boling, Texas, is competitive yet stable. The area offers a mix of single-family homes, townhouses, and condos, catering to various preferences and budgets. Home prices have been steadily increasing, making it a promising investment opportunity. Main Attractions Boling is known for its picturesque countryside, offering residents a peaceful escape from city life. The town also boasts recreational facilities, parks, and local eateries that showcase the area’s rich culture and history.
Bridge Loans in Boling, Texas
