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Navigating the process of buying a new home in Voss, 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 Voss, TX or getting it ready for the market.
Identify the new home you want to buy in Voss, 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 Voss, 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 Voss, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Voss, 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 Voss, 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 Voss, 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 Voss, 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 Voss, 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 Voss, Texas offer a convenient financial solution for homeowners looking to purchase a new property before selling their current one. These loans provide quick access to funds, allowing individuals to bridge the gap between the purchase of a new home and the sale of their existing property. Demographically, Voss, Texas is a small rural community with a tight-knit population. The area boasts a mix of age groups and ethnicities, creating a diverse and welcoming environment for residents. The community places a strong emphasis on family values and community involvement, making it an ideal place to raise a family. In terms of the housing market, Voss, Texas offers a range of affordable housing options for both buyers and renters. The market is stable, with steady appreciation rates and a low inventory of available properties. Bridge loans provide residents with the flexibility to move into their dream home without the stress of timing the sale of their current property. Main attractions in Voss, Texas include the scenic beauty of nearby parks and recreation areas, perfect for outdoor enthusiasts. Residents can enjoy hiking, fishing, and other outdoor activities in the picturesque surroundings. Additionally, the community hosts various events and festivals throughout the year, fostering a strong sense of camaraderie among residents.
Benefits of Bridge Loans in Voss, Texas