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Navigating the process of buying a new home in Falcon Heights, 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 Falcon Heights, TX or getting it ready for the market.
Identify the new home you want to buy in Falcon Heights, 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 Falcon Heights, 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 Falcon Heights, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Falcon Heights, 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 Falcon Heights, 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 Falcon Heights, 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 Falcon Heights, 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 Falcon Heights, 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 provide a flexible financing option for homebuyers in Falcon Heights. They help bridge the gap between the purchase of a new home and the sale of the current one, offering quick access to funds for down payments without the pressure of timing the housing market perfectly. Demographics in Falcon Heights show a diverse community with a mix of families and retirees. The town boasts a close-knit atmosphere with a strong sense of community, making it an ideal place for those looking for a peaceful and welcoming environment. The housing market in Falcon Heights is stable, offering a range of housing options from single-family homes to townhouses. Bridge loans can help buyers take advantage of opportunities in this market, allowing them to secure their dream home without the stress of selling their existing property first. Some main attractions in Falcon Heights include the beautiful Falcon State Park, perfect for outdoor enthusiasts and nature lovers. The town also has a rich historical heritage, with landmarks like the Falcon Dam drawing visitors interested in learning about the area's history.
Benefits of Bridge Loans in Falcon Heights, Texas
