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Navigating the process of buying a new home in Kendleton, 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 Kendleton, TX or getting it ready for the market.
Identify the new home you want to buy in Kendleton, 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 Kendleton, 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 Kendleton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kendleton, 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 Kendleton, 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 Kendleton, 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 Kendleton, 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 Kendleton, 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 Kendleton, Texas offer immediate financial relief to individuals and families seeking to purchase a new home before selling their current one. This type of short-term financing provides flexibility and enables buyers to seize opportunities without waiting for their existing property to sell. Demographically, Kendleton, Texas, is a small, close-knit community located in Fort Bend County. With a population of around 380 residents, the town offers a peaceful suburban lifestyle that attracts families and retirees looking for a quiet place to call home. In terms of the housing market, Kendleton presents a mix of affordable housing options ranging from single-family homes to spacious ranch-style properties. The market is characterized by steady growth, making it an attractive investment opportunity for buyers looking to secure property in a developing area. While Kendleton may be a small town, it boasts several main attractions such as the Brazos Bend State Park, known for its scenic trails and wildlife viewing opportunities. Residents also enjoy easy access to urban amenities in nearby cities like Houston, making Kendleton a perfect balance of rural charm and modern convenience.
Benefits of Bridge Loans in Kendleton, Texas
