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Navigating the process of buying a new home in Fowlerton, 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 Fowlerton, TX or getting it ready for the market.
Identify the new home you want to buy in Fowlerton, 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 Fowlerton, 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 Fowlerton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fowlerton, 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 Fowlerton, 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 Fowlerton, 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 Fowlerton, 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 Fowlerton, 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 Fowlerton, Texas provide a flexible financing solution for individuals looking to purchase a new home before selling their current one. This allows for a smoother transition without the stress of a contingency offer, providing quick access to funds for a down payment. Demographically, Fowlerton is a small town in Texas with a population of approximately 200 residents. The community is tight-knit, offering a peaceful and close community feel. The town is primarily residential with a mix of families and retirees enjoying the quiet surroundings. In terms of the housing market, Fowlerton offers affordable options for both buyers and renters. The market is stable with modest appreciation rates, making it an attractive location for those looking to invest in real estate. Bridge loans can help facilitate transactions in this market, allowing buyers to act quickly. Some of the main attractions in Fowlerton include the Fowlerton Community Park, a popular spot for picnics and outdoor activities. The town also hosts various community events throughout the year, fostering a sense of belonging among residents. Overall, Fowlerton offers a peaceful and welcoming environment for individuals and families alike.
Benefits of Bridge Loans in Fowlerton, Texas
