Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wadsworth, 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 Wadsworth, TX or getting it ready for the market.
Identify the new home you want to buy in Wadsworth, 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 Wadsworth, 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 Wadsworth, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wadsworth, 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 Wadsworth, 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 Wadsworth, 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 Wadsworth, 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 Wadsworth, 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 Wadsworth, Texas offer a convenient short-term financing solution for homeowners looking to purchase a new home before selling their current one. These loans provide the flexibility to make a quick purchase without being contingent on the sale of their existing property. Demographically, Wadsworth is a small town located in Matagorda County with a population of just over 800 residents. The community boasts a mix of families, retirees, and young professionals, creating a close-knit and welcoming atmosphere. The housing market in Wadsworth is stable, with a variety of property types available ranging from charming historic homes to modern developments. Bridge loans can help buyers seize opportunities in this competitive market and secure their dream home without delays. Some main attractions in Wadsworth include the nearby Matagorda Bay for fishing and water activities, the Matagorda County Birding Nature Center for birdwatching enthusiasts, and the historical sites such as the Matagorda County Museum for those interested in local history.
Benefits of Bridge Loans in Wadsworth, Texas
