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Navigating the process of buying a new home in Hull, 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 Hull, TX or getting it ready for the market.
Identify the new home you want to buy in Hull, 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 Hull, 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 Hull, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hull, 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 Hull, 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 Hull, 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 Hull, 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 Hull, 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 Hull, Texas offer a versatile financing option for individuals seeking to transition smoothly between the sale of one property and the purchase of another. These loans provide the necessary funds in the interim period, allowing borrowers to avoid missing out on a favorable property while waiting for their current home to sell. Hull, Texas, situated in Liberty County, boasts a diverse population with a mix of urban and rural characteristics. The area is known for its close-knit community, excellent schools, and abundant outdoor recreational opportunities. With a growing economy and a range of housing options, Hull appeals to families, young professionals, and retirees alike. The housing market in Hull, Texas, is thriving, offering a mix of single-family homes, townhouses, and apartments to cater to varying lifestyle needs. Property prices are competitive, making it an attractive destination for first-time buyers and investors looking for value. Additionally, the market stability and consistent demand make Hull a promising location for real estate investments. Main attractions in Hull, Texas, include the picturesque Lake Houston, perfect for water activities and relaxation, as well as the nearby Jesse H. Jones Park & Nature Center, ideal for nature enthusiasts. The town's vibrant local dining scene, shopping opportunities, and cultural events provide residents with a rich and fulfilling lifestyle.
Benefits of Bridge Loans in Hull, Texas
