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Navigating the process of buying a new home in Van, 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 Van, TX or getting it ready for the market.
Identify the new home you want to buy in Van, 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 Van, 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 Van, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Van, 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 Van, 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 Van, 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 Van, 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 Van, 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 Van, Texas provide a valuable financing option for homebuyers. They offer the flexibility to purchase a new home before selling the current one, avoiding the stress of timing the two transactions perfectly. Demographics: Van, Texas, a charming small town, has a population of approximately X, with a median household income of $X. The community is known for its friendly atmosphere and strong sense of community. Housing Market: The housing market in Van, Texas, is thriving, with a diverse range of properties available. The average home price is $X, offering affordable options for buyers. Bridge loans can help facilitate quick purchases in this competitive market. Main Attractions: Van is home to beautiful parks, such as X Park and Y Park, perfect for outdoor enthusiasts. The town also boasts historic sites like Z Museum, showcasing its rich cultural heritage.
Benefits of Bridge Loans in Van, Texas
