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Navigating the process of buying a new home in Sweeny, 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 Sweeny, TX or getting it ready for the market.
Identify the new home you want to buy in Sweeny, 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 Sweeny, 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 Sweeny, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sweeny, 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 Sweeny, 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 Sweeny, 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 Sweeny, 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 Sweeny, 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 Sweeny, Texas offer immediate financial assistance to bridge the gap between buying a new home and selling your current one. This type of loan provides flexibility and quick access to funds, allowing you to secure a new property without waiting for the sale of your existing home. Sweeny, Texas, is a diverse community with a population that enjoys a suburban feel. The town has a mix of young professionals, families, and retirees, creating a vibrant and welcoming atmosphere. The town's median household income is above the national average, indicating a stable and flourishing economy. The housing market in Sweeny, Texas, is competitive but offers a variety of options for buyers. With the help of bridge loans, individuals can act quickly in a fast-moving market and secure their desired property. The real estate market in Sweeny shows steady growth, making it a promising investment opportunity. Sweeny, Texas, boasts attractions such as the Varner-Hogg Plantation State Historic Site, offering a glimpse into the town's rich history. Outdoor enthusiasts can explore the San Bernard National Wildlife Refuge, renowned for its diverse wildlife and recreational activities. With its close-knit community and charming local businesses, Sweeny has something to offer for everyone.
Benefits of Bridge Loans in Sweeny, Texas
