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Navigating the process of buying a new home in Jourdanton, 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 Jourdanton, TX or getting it ready for the market.
Identify the new home you want to buy in Jourdanton, 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 Jourdanton, 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 Jourdanton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jourdanton, 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 Jourdanton, 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 Jourdanton, 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 Jourdanton, 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 Jourdanton, 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 Jourdanton, Texas offer a crucial financial solution for homebuyers who need to bridge the gap between purchasing a new home before selling their existing one. These short-term loans provide the flexibility and convenience required during the transition period. Demographics Jourdanton, located in Atascosa County, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The area is known for its strong sense of community, excellent schools, and rich cultural heritage. Housing Market The housing market in Jourdanton offers a range of options, from quaint historic homes to modern single-family dwellings. With a growing economy and affordable housing prices, the real estate market is attractive for both buyers and investors. Main Attractions Jourdanton is home to various attractions, including the Longhorn Museum, Atascosa River Park, and numerous outdoor recreational areas. Residents and visitors alike enjoy the town's vibrant community events, local eateries, and shopping destinations.
Benefits of Bridge Loans in Jourdanton, Texas
