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Navigating the process of buying a new home in Nevada, 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 Nevada, TX or getting it ready for the market.
Identify the new home you want to buy in Nevada, 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 Nevada, 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 Nevada, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nevada, 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 Nevada, 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 Nevada, 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 Nevada, 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 Nevada, 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 offer a valuable financial solution for homeowners in Nevada, Texas, providing flexibility in transitioning between properties. These short-term loans enable borrowers to secure a new home before selling their existing one, preventing a gap in residency and alleviating the stress of coordinating two transactions. Demographics: Nevada, Texas, is a thriving suburban community with a diverse population. The town has experienced steady growth over the past decade, attracting families, young professionals, and retirees seeking a welcoming and safe environment. With a strong sense of community, Nevada offers residents a balanced lifestyle and access to quality amenities. Housing Market: The housing market in Nevada, Texas, is dynamic and competitive. The town boasts a mix of new developments and established neighborhoods, providing a range of housing options to suit different preferences and budgets. Bridge loans can be particularly advantageous in this market, allowing buyers to act quickly and secure desirable properties in a fast-moving real estate landscape. Main Attractions: Nevada, Texas, offers a blend of urban convenience and rural charm. Residents enjoy proximity to Dallas for employment opportunities and entertainment while savoring the tranquility of small-town living. The town's scenic parks, local eateries, and community events contribute to its appealing character, making it a sought-after destination for those looking to experience the best of both worlds.
Benefits of Bridge Loans in Nevada, Texas
