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Navigating the process of buying a new home in Fruitvale, 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 Fruitvale, TX or getting it ready for the market.
Identify the new home you want to buy in Fruitvale, 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 Fruitvale, 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 Fruitvale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fruitvale, 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 Fruitvale, 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 Fruitvale, 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 Fruitvale, 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 Fruitvale, 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 Fruitvale, Texas offer a unique financing option for homebuyers by providing interim financing to purchase a new property before selling their existing one. This allows individuals to secure their dream home without being constrained by the sale of their current property, offering flexibility and convenience in the real estate market. Demographics Fruitvale, Texas, a suburban community, has a population of approximately X residents. The town boasts a diverse demographic mix, with a median age of XX years and a balanced gender ratio. The majority of the population is employed in sectors like agriculture, education, and healthcare, contributing to a stable and vibrant community. Housing Market The housing market in Fruitvale, Texas, offers a mix of single-family homes, townhouses, and apartments, catering to diverse housing needs. With a median home price of $XXX, the market is competitive yet affordable. Bridge loans provide a competitive edge to buyers by enabling them to act quickly in a fast-paced market, ensuring they secure their desired property without delays. Main Attractions Fruitvale, Texas, is known for its picturesque parks, vibrant downtown area, and community events that celebrate local culture. Residents enjoy outdoor activities like hiking, fishing, and picnicking at nearby parks, making it an ideal location for nature enthusiasts and families. The town's charming boutiques, cafes, and cultural festivals add to its appeal, creating a welcoming and lively atmosphere for both residents and visitors.
Benefits of Bridge Loans in Fruitvale, Texas
