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Navigating the process of buying a new home in Pottsville, 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 Pottsville, TX or getting it ready for the market.
Identify the new home you want to buy in Pottsville, 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 Pottsville, 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 Pottsville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pottsville, 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 Pottsville, 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 Pottsville, 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 Pottsville, 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 Pottsville, 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 in Pottsville, Texas offer a flexible financing option for homebuyers, allowing them to purchase a new property before selling their existing one. This can prevent missed opportunities and facilitate a smoother transition between homes. Demographics: Pottsville, Texas, is a charming town with a population of approximately 1,200 residents. The community is close-knit, with a mix of families, retirees, and young professionals. The town's friendly atmosphere and small-town feel make it an ideal place to call home. Housing Market: The housing market in Pottsville is stable with a variety of options available. From cozy single-family homes to spacious estates, there is something for everyone. The median home price is affordable, making it an attractive location for first-time buyers and those looking to invest in real estate. Main Attractions: Pottsville boasts scenic parks, local shops, and delicious eateries. Residents enjoy outdoor activities such as hiking and fishing at nearby lakes. The town's rich history is displayed in its historic architecture and museums, providing a glimpse into its past.
Bridge Loans in Pottsville, Texas
