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Navigating the process of buying a new home in Venus, 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 Venus, TX or getting it ready for the market.
Identify the new home you want to buy in Venus, 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 Venus, 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 Venus, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Venus, 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 Venus, 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 Venus, 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 Venus, 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 Venus, 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 Venus, Texas offer a convenient financing option for homebuyers who need to secure funding for a new home while still owning their current property. These loans provide flexibility and bridge the gap between the purchase of a new home and the sale of an existing one. Demographics in Venus, Texas show a growing population with a mix of young families and retirees. The town offers a peaceful suburban lifestyle with access to excellent schools, making it an attractive location for those looking to settle down in a tight-knit community. The housing market in Venus, Texas is dynamic, with a range of properties available to suit different budgets and preferences. Bridge loans can help buyers take advantage of this market by providing quick access to funds for competitive offers, especially in a competitive market environment. Main attractions in Venus, Texas include the picturesque Venus City Park, perfect for outdoor activities and family gatherings. The town also hosts local events and markets, showcasing its vibrant community spirit and offering residents a variety of entertainment options.
The Benefits of Bridge Loans in Venus, Texas