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Navigating the process of buying a new home in Navasota, 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 Navasota, TX or getting it ready for the market.
Identify the new home you want to buy in Navasota, 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 Navasota, 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 Navasota, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Navasota, 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 Navasota, 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 Navasota, 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 Navasota, 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 Navasota, 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 Navasota, Texas offer a quick and convenient solution for homeowners looking to purchase a new property before selling their current one. This type of loan provides immediate funds to cover the down payment and closing costs, bridging the financial gap between the two transactions. Demographically, Navasota is a charming city in the heart of Texas with a diverse population. The community is known for its rich history, friendly residents, and strong sense of community. With a mix of different cultures and backgrounds, Navasota offers a welcoming and inclusive environment for all. The housing market in Navasota is thriving, with a range of affordable options for potential buyers. From historic homes to modern developments, there is something for everyone in Navasota. The city's real estate market is stable, making it a smart investment choice for those looking to settle down or invest in rental properties. Some of the main attractions in Navasota include the Navasota Blues Alley, a vibrant music scene that celebrates the city's musical heritage. Visitors can also enjoy exploring historic downtown Navasota, which is home to charming shops, restaurants, and art galleries. Outdoor enthusiasts will appreciate the city's parks and recreational areas, perfect for hiking, biking, and picnicking.
Benefits of Bridge Loans in Navasota, Texas
