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Navigating the process of buying a new home in Flatonia, 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 Flatonia, TX or getting it ready for the market.
Identify the new home you want to buy in Flatonia, 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 Flatonia, 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 Flatonia, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Flatonia, 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 Flatonia, 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 Flatonia, 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 Flatonia, 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 Flatonia, 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 Flatonia, Texas offer a unique financial solution for homebuyers. These short-term loans provide the flexibility to purchase a new home before selling an existing one. This is particularly advantageous in a competitive real estate market, allowing buyers to secure a new property quickly without waiting for their current home to sell. Demographics: Flatonia, Texas, is a small town with a population of approximately 1,500 residents. The community is known for its friendly atmosphere and close-knit neighborhoods, making it an ideal location for families and retirees looking for a peaceful place to call home. Housing Market: The housing market in Flatonia, Texas, offers a mix of traditional single-family homes, ranch-style properties, and charming cottages. With a stable market and reasonable housing prices, Flatonia presents a great opportunity for both first-time homebuyers and those looking to upgrade to a larger property. Main Attractions: Flatonia boasts a range of attractions, including the iconic Flatonia Water Tower, historic downtown district with shops and restaurants, and beautiful parks for outdoor recreation. The town's rich history and vibrant community events make it a desirable place to live and explore.
Benefits of Bridge Loans in Flatonia, Texas