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Navigating the process of buying a new home in Pointblank, 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 Pointblank, TX or getting it ready for the market.
Identify the new home you want to buy in Pointblank, 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 Pointblank, 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 Pointblank, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pointblank, 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 Pointblank, 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 Pointblank, 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 Pointblank, 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 Pointblank, 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 Pointblank, Texas offer a flexible financing solution for individuals looking to buy a new home before selling their existing one. These loans provide short-term funding to bridge the gap between the purchase of a new property and the sale of the current one, preventing buyers from missing out on opportunities. Pointblank, Texas, is a small town with a population of around 600 residents. The demographics of the town primarily consist of families and retirees seeking a peaceful and close-knit community. The town boasts a low crime rate, good schools, and a strong sense of community spirit. In terms of the housing market, Pointblank offers various options ranging from cozy single-family homes to spacious waterfront properties on Lake Livingston. The market is stable, with affordable prices compared to larger cities in Texas, making it an attractive destination for both first-time buyers and retirees looking to downsize. Main attractions in Pointblank include the picturesque Lake Livingston, which offers opportunities for fishing, boating, and other water activities. The town also features beautiful parks, hiking trails, and a golf course, providing residents with plenty of outdoor recreational options.
Benefits of Bridge Loans in Pointblank, Texas
