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Navigating the process of buying a new home in Needville, 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 Needville, TX or getting it ready for the market.
Identify the new home you want to buy in Needville, 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 Needville, 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 Needville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Needville, 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 Needville, 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 Needville, 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 Needville, 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 Needville, 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 Needville, Texas offer a valuable solution for homeowners looking to purchase a new home before selling their existing one. These short-term loans bridge the gap between the sale of the current home and the purchase of a new one, providing the needed funds to make a seamless transition without the stress of timing constraints. Demographics: Needville, Texas, is a small town located in Fort Bend County with a population of around 3,000 residents. The community has a suburban feel, and the residents tend to lean conservative politically. Housing Market: The real estate market in Needville offers a mix of older homes with character and newer constructions. The median home value is around $250,000, making it an affordable option for those looking to settle in a peaceful town with access to nearby urban amenities. Main Attractions: Needville boasts attractions such as the Brazos Bend State Park, known for its hiking trails and wildlife watching opportunities, and the George Observatory for astronomy enthusiasts. The town also hosts local events like the Harvest Festival, showcasing its community spirit.
Bridge Loans in Needville, Texas