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Navigating the process of buying a new home in Plantersville, 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 Plantersville, TX or getting it ready for the market.
Identify the new home you want to buy in Plantersville, 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 Plantersville, 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 Plantersville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Plantersville, 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 Plantersville, 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 Plantersville, 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 Plantersville, 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 Plantersville, 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 convenient financial solution for homeowners in Plantersville, Texas, allowing them to bridge the gap between selling their current home and purchasing a new one. These loans provide quick access to funds, enabling homeowners to make a competitive offer on a new property without having to wait for their existing home to sell. Plantersville is a charming rural town located in Grimes County, Texas. With a population of approximately 244 residents, Plantersville offers a close-knit community vibe, perfect for those seeking a peaceful and serene living environment. The town boasts a diverse demographic mix, with a median household income of $50,000. The housing market in Plantersville, Texas, is relatively stable, with a median home value of $170,000. The market presents opportunities for both buyers and sellers, making it an attractive location for real estate investments. With the help of bridge loans, homeowners can take advantage of the favorable market conditions and secure their dream home. Plantersville offers a variety of attractions for residents and visitors to enjoy. The town is home to the Renaissance Festival, a popular annual event that attracts tourists from all over the state. Additionally, residents can explore the local wineries, outdoor recreational activities, and historic landmarks that make Plantersville a unique and vibrant community.
Benefits of Bridge Loans in Plantersville, Texas
