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Navigating the process of buying a new home in Bruceville, 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 Bruceville, TX or getting it ready for the market.
Identify the new home you want to buy in Bruceville, 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 Bruceville, 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 Bruceville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bruceville, 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 Bruceville, 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 Bruceville, 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 Bruceville, 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 Bruceville, 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 offer a short-term solution for individuals looking to purchase a new home in Bruceville, Texas before selling their current property. This type of loan provides the flexibility to make a quick purchase without the stress of waiting for the current home to sell. Demographics in Bruceville, Texas show a mix of rural and suburban characteristics, with a population that values community and a peaceful way of life. Residents enjoy the serenity of small-town living while still having access to urban amenities in nearby cities like Waco. The housing market in Bruceville, Texas is stable, making it an attractive location for both buyers and sellers. With a range of housing options available, from single-family homes to spacious ranch properties, individuals can find the perfect place to call home in this charming town. Main attractions in Bruceville, Texas include the beautiful Lake Waco for outdoor enthusiasts, the Texas Ranger Hall of Fame for history buffs, and the Magnolia Market at the Silos for fans of the popular TV show, Fixer Upper.
Benefits of Bridge Loans in Bruceville, Texas
