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Navigating the process of buying a new home in New Waverly, 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 New Waverly, TX or getting it ready for the market.
Identify the new home you want to buy in New Waverly, 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 New Waverly, 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 New Waverly, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in New Waverly, 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 New Waverly, 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 New Waverly, 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 New Waverly, 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 New Waverly, 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 New Waverly, Texas offer various benefits to homeowners. They provide short-term financing solutions, allowing individuals to purchase a new home while waiting for their current home to sell. This flexibility can prevent the need for contingent offers and enable a smoother transition between properties. Demographically, New Waverly, Texas, is a small town with a tight-knit community. The population primarily consists of families and retirees attracted to the area's peaceful rural setting. The town has a mix of residential properties ranging from single-family homes to larger estates, catering to different preferences and needs. The housing market in New Waverly is stable, offering diverse options for buyers and sellers. With the help of bridge loans, individuals can capitalize on investment opportunities, upgrade to larger homes, or relocate to better neighborhoods. The town's real estate market provides a range of affordable options for those looking to establish roots in the area. Main attractions in New Waverly include the Sam Houston National Forest, a popular destination for outdoor enthusiasts offering hiking, camping, and biking opportunities. The town also boasts a rich history showcased in local museums and historical sites, providing residents with educational and recreational experiences.
Benefits of Bridge Loans in New Waverly, Texas
