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Navigating the process of buying a new home in La Ward, 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 Ward, TX or getting it ready for the market.
Identify the new home you want to buy in La Ward, 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 Ward, 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 Ward, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Ward, 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 Ward, 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 Ward, 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 Ward, 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 Ward, 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 provide a short-term financing option for individuals looking to purchase a new home before selling their existing one. In La Ward, Texas, these loans can be beneficial due to the competitive real estate market, allowing buyers to secure a new property quickly. Demographics: La Ward, Texas, has a diverse population with a mix of families, professionals, and retirees. The community values its small-town charm and close-knit atmosphere. With access to quality schools and healthcare facilities, La Ward is an attractive location for individuals of all ages. Housing Market: The housing market in La Ward is dynamic, with a range of properties available to suit different budgets and preferences. The area experiences steady appreciation in property values, making it a sound investment for homebuyers. Bridge loans can help individuals take advantage of these opportunities. Main Attractions: La Ward boasts scenic parks, historical sites, and local businesses that enhance the quality of life for residents. The community hosts annual events and festivals that celebrate its culture and heritage, creating a vibrant and welcoming environment for everyone.
Bridge Loans in La Ward, Texas