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Navigating the process of buying a new home in La Vernia, 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 La Vernia, TX or getting it ready for the market.
Identify the new home you want to buy in La Vernia, 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 La Vernia, 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 La Vernia, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Vernia, 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 La Vernia, 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 La Vernia, 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 La Vernia, 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 La Vernia, 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 in La Vernia, Texas offer quick financing solutions for individuals looking to purchase a new home before selling their existing one. These short-term loans bridge the gap between the purchase of a new property and the sale of the current one, providing flexibility and financial support during the transition period. Demographics: La Vernia, Texas, is a charming rural community located in Wilson County. With a population of approximately 1,200 residents, the town offers a close-knit community feel and a high quality of life. The area is known for its strong sense of community, excellent schools, and abundant outdoor recreational opportunities. Housing Market: La Vernia's housing market is characterized by a mix of single-family homes, ranch-style properties, and spacious lots. The real estate market in La Vernia is stable, offering a range of housing options to suit different budgets and preferences. Bridge loans can provide homebuyers with the necessary funds to secure their dream property in this competitive market. Main Attractions: La Vernia boasts a variety of attractions, including the Wilson County Courthouse, the La Vernia City Park, and the La Vernia Historical Museum. Residents and visitors can enjoy outdoor activities at the nearby Lake Placid or explore the quaint shops and restaurants in the town center.
Bridge Loans in La Vernia, Texas
