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Navigating the process of buying a new home in Poolville, 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 Poolville, TX or getting it ready for the market.
Identify the new home you want to buy in Poolville, 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 Poolville, 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 Poolville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Poolville, 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 Poolville, 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 Poolville, 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 Poolville, 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 Poolville, 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!
Benefits of Bridge Loans: Bridge loans provide quick access to funds for purchasing a new home before selling an existing one, avoiding the need for a contingency offer and allowing for a smoother transition. Demographics: Poolville, Texas, is a small town with a population of around 2,000, known for its tight-knit community and friendly atmosphere. The median age is 42, and the majority of residents are homeowners. Housing Market: The housing market in Poolville is stable, with a median home value of $250,000. The market offers a mix of single-family homes and ranch-style properties, making it an attractive option for families and those seeking a quieter lifestyle. Main Attractions: Poolville is surrounded by natural beauty, with parks and outdoor recreational areas that offer hiking, fishing, and camping opportunities. The town also boasts a charming downtown area with local shops and eateries, providing a taste of small-town living.
The Benefits of Bridge Loans in Poolville, Texas
