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Navigating the process of buying a new home in Knickerbocker, 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 Knickerbocker, TX or getting it ready for the market.
Identify the new home you want to buy in Knickerbocker, 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 Knickerbocker, 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 Knickerbocker, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Knickerbocker, 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 Knickerbocker, 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 Knickerbocker, 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 Knickerbocker, 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 Knickerbocker, 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 Knickerbocker, Texas offer a valuable financial solution for individuals looking to purchase a new home before selling their current one. These loans provide temporary funding to bridge the gap between the purchase of a new home and the sale of the existing property, allowing homeowners to secure their dream home without the stress of timing constraints. Demographics: Knickerbocker, Texas, is a charming small town with a population of around 150 residents. The community is close-knit, offering a sense of belonging and safety for families and retirees alike. The area boasts a mix of generational residents, fostering a rich tapestry of traditions and values. Housing Market: The housing market in Knickerbocker, Texas, is diverse, with a range of property types available to suit different preferences and budgets. The market is stable, offering opportunities for both buyers and sellers. With the assistance of bridge loans, individuals can navigate the housing market with ease and confidence. Main Attractions: Knickerbocker, Texas, is known for its scenic beauty and outdoor recreational activities. Residents and visitors can enjoy hiking and fishing in the nearby hills and rivers, immersing themselves in the natural splendor of the area. The town also hosts community events and festivals that showcase the local culture and heritage.
Benefits of Bridge Loans in Knickerbocker, Texas
