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Navigating the process of buying a new home in Joinerville, 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 Joinerville, TX or getting it ready for the market.
Identify the new home you want to buy in Joinerville, 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 Joinerville, 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 Joinerville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Joinerville, 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 Joinerville, 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 Joinerville, 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 Joinerville, 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 Joinerville, 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!
Benefits of Bridge Loans: Bridge loans provide quick and temporary financing for homeowners looking to buy a new property before selling their current one, helping avoid a gap in funding. Demographics: Joinerville, Texas, a small town with a tight-knit community, has a population of approximately 500 residents, consisting mostly of families and retirees. Housing Market: Joinerville's housing market is characterized by a mix of historic homes and new developments, with prices remaining relatively stable, making it an attractive location for homebuyers. Main Attractions: Visitors to Joinerville can enjoy exploring the nearby Tyler State Park, known for its beautiful trails and outdoor activities, as well as the East Texas Oil Museum, offering insights into the region's rich oil history.
Bridge Loans in Joinerville, Texas