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Navigating the process of buying a new home in Nursery, 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 Nursery, TX or getting it ready for the market.
Identify the new home you want to buy in Nursery, 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 Nursery, 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 Nursery, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nursery, 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 Nursery, 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 Nursery, 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 Nursery, 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 Nursery, 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 Nursery, Texas offer numerous benefits for homebuyers. These short-term loans provide quick financing to bridge the gap between the purchase of a new property and the sale of an existing one, ensuring a smooth transition without the need for a contingency offer. Demographically, Nursery, Texas is a small, close-knit community with a population of approximately 200 residents. The town boasts a rich history and a strong sense of community spirit, making it an ideal place to raise a family or retire in peace. The housing market in Nursery, Texas is stable with a mix of historic homes and modern properties. Bridge loans can help buyers secure their dream home in this competitive market by providing the necessary funds upfront while they finalize the sale of their current property. Main attractions in Nursery include the scenic countryside, local parks, and proximity to larger cities like Victoria for shopping and entertainment. Residents can enjoy a peaceful rural lifestyle while still having access to urban amenities.
Bridge Loans in Nursery, Texas
