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Navigating the process of buying a new home in Forsan, 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 Forsan, TX or getting it ready for the market.
Identify the new home you want to buy in Forsan, 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 Forsan, 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 Forsan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Forsan, 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 Forsan, 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 Forsan, 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 Forsan, 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 Forsan, 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 Forsan, Texas offer a convenient solution for homeowners who are looking to purchase a new home before selling their current one. These loans provide short-term financing to bridge the gap between the sale of the existing property and the purchase of a new one. One of the main benefits of bridge loans is the flexibility they offer, allowing homeowners to move quickly and secure their dream home without the stress of timing the sale perfectly. Demographics: Forsan, Texas, is a small town with a population of approximately 300 residents. The town has a close-knit community feel, making it an ideal place to raise a family or retire in peace. The majority of residents in Forsan are working professionals or retirees, contributing to the town's peaceful and neighborly atmosphere. Housing Market: The housing market in Forsan, Texas, is characterized by a mix of single-family homes and ranch-style properties. The average home price in Forsan is affordable compared to larger urban areas, making it an attractive option for first-time homebuyers or those looking for a peaceful retreat. The market is stable, with steady growth in property values over the years. Main Attractions: Despite its small size, Forsan, Texas, offers a range of attractions for residents and visitors alike. The town is known for its beautiful parks and outdoor recreational activities, making it a popular destination for nature lovers. Additionally, Forsan is home to charming local shops, restaurants, and community events that showcase the town's rich history and friendly vibe.
Benefits of Bridge Loans in Forsan, Texas
