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Navigating the process of buying a new home in Poteet, 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 Poteet, TX or getting it ready for the market.
Identify the new home you want to buy in Poteet, 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 Poteet, 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 Poteet, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, Texas offer quick access to funds for individuals looking to purchase a new property before selling their current one. This allows for seamless transitions between homes without the stress of timing issues. Demographically, Poteet, Texas has a population of approximately 3,600 residents. The area is known for its diverse community and rich cultural heritage. The town is a close-knit community that welcomes newcomers with open arms. The housing market in Poteet, Texas is vibrant and offers a range of options for potential buyers. With a mix of historic homes and modern developments, there is something for everyone. Bridge loans provide buyers with the flexibility to seize opportunities in this dynamic market. Main attractions in Poteet include the annual Strawberry Festival, which draws visitors from across the state. The town is also home to the Poteet Canyon Park, a picturesque outdoor space perfect for hiking and picnicking. With its small-town charm and natural beauty, Poteet offers a peaceful retreat for residents.
Benefits of Bridge Loans in Poteet, Texas
