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Navigating the process of buying a new home in Muldoon, 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 Muldoon, TX or getting it ready for the market.
Identify the new home you want to buy in Muldoon, 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 Muldoon, 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 Muldoon, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Muldoon, 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 Muldoon, 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 Muldoon, 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 Muldoon, 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 Muldoon, 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 Muldoon, Texas offer the advantage of providing short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can help individuals navigate real estate transactions smoothly without the stress of timing constraints. Muldoon, Texas, a quaint rural community, boasts a diverse demographic mix with a strong sense of community. The population consists of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. The housing market in Muldoon, Texas, is characterized by a mix of historic homes and modern properties, offering something for every taste. With steady appreciation rates, investing in property in Muldoon can be a lucrative opportunity for both homeowners and investors. Main attractions in Muldoon include the picturesque Colorado River for outdoor activities like fishing and kayaking, the historic Muldoon Baptist Church, and the annual Muldoon Car Show, which draws enthusiasts from across the region.
Bridge Loans in Muldoon, Texas - Benefits and Information
