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Navigating the process of buying a new home in London, 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 London, TX or getting it ready for the market.
Identify the new home you want to buy in London, 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 London, 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 London, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in London, 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 London, 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 London, 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 London, 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 London, 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 London, Texas offer a flexible financing solution for individuals looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide quick access to funds, enabling buyers to secure their dream home without waiting for their existing property to sell. London, Texas, boasts a diverse demographic with a mix of young professionals, families, and retirees. The town offers a strong sense of community and a range of amenities, including schools, parks, and local businesses, making it an ideal place to raise a family or retire. The housing market in London, Texas, is dynamic and competitive, with a range of properties available to suit different preferences and budgets. Bridge loans can help buyers navigate this market by providing the financial flexibility needed to make competitive offers and secure desirable properties. Some main attractions in London, Texas, include the picturesque River Walk, which offers scenic views and recreational opportunities for residents and visitors alike. Additionally, the town is home to historical landmarks, charming shops, and local dining establishments that showcase the area's unique culture and heritage.
Benefits of Bridge Loans in London, Texas
