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Navigating the process of buying a new home in Falls City, 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 Falls City, TX or getting it ready for the market.
Identify the new home you want to buy in Falls City, 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 Falls City, 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 Falls City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Falls City, 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 Falls City, 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 Falls City, 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 Falls City, 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 Falls City, 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 in Falls City, Texas offer a valuable financing option for homeowners looking to purchase a new property before selling their current one. These short-term loans provide immediate funds for a down payment, allowing individuals to secure their dream home without having to wait for their existing property to sell. Demographics: Falls City, Texas, is a small town with a close-knit community. The population is around 600 residents, primarily consisting of families and retirees. The town offers a peaceful and friendly atmosphere, making it an ideal place for those seeking a quiet and safe environment to live. Housing Market: The housing market in Falls City is diverse, with a mix of single-family homes, ranch properties, and vacant land. Bridge loans provide flexibility for buyers in this market, allowing them to move quickly on desirable properties and outcompete other buyers. Additionally, the town's affordable housing prices make it an attractive option for first-time homebuyers and families. Main Attractions: Falls City is known for its rich history, beautiful parks, and outdoor recreational opportunities. The historic downtown area offers boutique shopping and dining experiences, while the surrounding countryside provides opportunities for hiking, fishing, and hunting. The town's welcoming community and picturesque scenery make it a wonderful place to call home.
The Benefits of Bridge Loans in Falls City, Texas