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Navigating the process of buying a new home in Van Vleck, 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 Vleck, TX or getting it ready for the market.
Identify the new home you want to buy in Van Vleck, 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 Vleck, 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 Vleck, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Van Vleck, 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 Vleck, 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 Vleck, 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 Vleck, 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 Vleck, 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 Vleck, Texas offer a convenient financing option for homebuyers looking to purchase a new home before selling their current one. This type of loan provides the flexibility to make a competitive offer without the need to wait for the sale of the existing property. Demographics: Van Vleck, Texas, has a population of approximately 1,400 residents. The town is known for its small-town charm, friendly community, and strong sense of local pride. Residents enjoy a peaceful and close-knit atmosphere, ideal for families and retirees alike. Housing Market: The housing market in Van Vleck offers a mix of single-family homes, ranch properties, and waterfront residences. The median home price is around $200,000, making it an affordable option for those looking to settle in a picturesque Texas town. With the help of bridge loans, buyers can seize opportunities quickly in this competitive market. Main Attractions: Van Vleck is home to beautiful natural surroundings, including the Caney Creek Preserve and the nearby Gulf Coast beaches. Outdoor enthusiasts can enjoy fishing, boating, and birdwatching in the area's scenic spots. The town also hosts community events, local shops, and restaurants that showcase the best of Texan hospitality.
The Benefits of Bridge Loans in Van Vleck, Texas
