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Navigating the process of buying a new home in College Station, 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 College Station, TX or getting it ready for the market.
Identify the new home you want to buy in College Station, 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 College Station, 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 College Station, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in College Station, 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 College Station, 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 College Station, 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 College Station, 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 College Station, 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 convenient solution for homebuyers in College Station by providing temporary finance to bridge the gap between the purchase of a new property and the sale of an existing one. This allows buyers to secure their dream home without having to wait for their current property to sell. Demographics College Station is a vibrant city located in the heart of Texas with a diverse population. It is known for its strong community spirit, excellent educational institutions such as Texas A&M University, and a thriving job market that attracts young professionals and families alike. Housing Market The housing market in College Station offers a mix of affordable and upscale properties to cater to a wide range of buyers. With a steady demand for housing due to the growing population and booming economy, investing in real estate in this area is a wise choice for long-term financial stability. Main Attractions College Station boasts a variety of attractions, including the George Bush Presidential Library and Museum, the picturesque Lick Creek Park, and the vibrant Northgate Entertainment District. Residents enjoy a high quality of life with access to top-notch amenities and recreational opportunities.
Benefits of Bridge Loans in College Station, Texas