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Navigating the process of buying a new home in Camp Wood, 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 Camp Wood, TX or getting it ready for the market.
Identify the new home you want to buy in Camp Wood, 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 Camp Wood, 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 Camp Wood, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Camp Wood, 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 Camp Wood, 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 Camp Wood, 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 Camp Wood, 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 Camp Wood, 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 invaluable benefits for residents of Camp Wood, Texas. These short-term loans provide immediate funds to bridge the gap between the purchase of a new property and the sale of an existing one. This can help homeowners secure their dream home without having to wait for their current property to sell. Camp Wood, Texas is a charming rural town with a population of approximately 700 residents. The area boasts a diverse demographic mix, including families, retirees, and individuals looking for a peaceful lifestyle. The town's close-knit community spirit and picturesque surroundings make it an ideal place to call home. The housing market in Camp Wood offers a range of options, from quaint cottages to spacious family homes. With the help of bridge loans, residents can take advantage of favorable market conditions and secure their desired property quickly. Additionally, the town's affordable housing prices make it an attractive destination for those looking to invest in real estate. While in Camp Wood, residents and visitors can explore the stunning Nueces Canyon, go fishing or kayaking along the Nueces River, or take a hike in the scenic Lost Maples State Natural Area. The town's rich natural beauty and outdoor recreational opportunities make it a haven for nature enthusiasts and adventure seekers alike.
The Benefits of Bridge Loans in Camp Wood, Texas
