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Navigating the process of buying a new home in Josephine, 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 Josephine, TX or getting it ready for the market.
Identify the new home you want to buy in Josephine, 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 Josephine, 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 Josephine, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Josephine, 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 Josephine, 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 Josephine, 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 Josephine, 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 Josephine, 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 Josephine, Texas offer immediate funds for homebuyers while they wait for the sale of their existing property. This type of loan provides flexibility and ensures a smooth transition between homes without the need to rush the selling process. Demographics in Josephine, Texas show a growing community with a mix of families and young professionals. The median household income is above the national average, making it an attractive area for those seeking suburban living close to urban amenities. The housing market in Josephine, Texas is competitive with a mixture of new developments and established neighborhoods. Bridge loans help buyers act quickly in this market, giving them an edge over other buyers and increasing their chances of securing their dream home. Main attractions in Josephine, Texas include picturesque parks, local shops, and easy access to nearby attractions in the Dallas-Fort Worth area. Residents can enjoy a blend of small-town charm and big-city convenience, making it an ideal place to call home.
Benefits of Bridge Loans in Josephine, Texas