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Navigating the process of buying a new home in Von Ormy, 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 Von Ormy, TX or getting it ready for the market.
Identify the new home you want to buy in Von Ormy, 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 Von Ormy, 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 Von Ormy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Von Ormy, 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 Von Ormy, 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 Von Ormy, 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 Von Ormy, 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 Von Ormy, 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 offer a convenient financing option for individuals looking to purchase a new home before selling their current one. In Von Ormy, Texas, this type of loan can provide buyers with the flexibility and speed needed in a competitive real estate market. Demographics in Von Ormy, Texas, show a diverse population with a strong sense of community. The town's population has been steadily growing, attracting both young professionals and families looking for a close-knit neighborhood to call home. The housing market in Von Ormy, Texas, is characterized by a mix of traditional single-family homes and modern new developments. With property values steadily increasing, a bridge loan can give buyers a competitive edge by allowing them to act quickly when their dream home becomes available. Von Ormy, Texas, is known for its rich cultural heritage and numerous attractions. Visitors and residents alike can enjoy exploring historic sites, outdoor recreational areas, and local restaurants offering a taste of authentic Texas cuisine.
Benefits of Bridge Loans in Von Ormy, Texas