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Navigating the process of buying a new home in Pollok, 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 Pollok, TX or getting it ready for the market.
Identify the new home you want to buy in Pollok, 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 Pollok, 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 Pollok, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pollok, 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 Pollok, 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 Pollok, 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 Pollok, 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 Pollok, 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 Pollok, Texas offer numerous advantages to homeowners and investors. 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. They are ideal for those looking to secure a new home without the stress of a contingency offer. Demographically, Pollok, Texas, is a charming rural town with a population of approximately 1,000 residents. The community boasts a mix of families and retirees, creating a tight-knit and friendly atmosphere. The town is known for its excellent school system, making it an ideal place for families looking to settle down. In terms of the housing market, Pollok offers diverse options, from spacious family homes to cozy cottages. The market is stable, with steady appreciation rates, making it a sound investment for property buyers. Bridge loans can provide the necessary funds to take advantage of favorable market conditions. While in Pollok, visitors can explore the beautiful Angelina National Forest, perfect for hiking and outdoor adventures. The Ellen Trout Zoo is a popular attraction for families, showcasing a variety of exotic animals. Additionally, the town hosts various community events and festivals throughout the year, creating a vibrant and welcoming environment.
Benefits of Bridge Loans in Pollok, Texas
