Get Approved at The Lowest Rate
Navigating the process of buying a new home in Waka, 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 Waka, TX or getting it ready for the market.
Identify the new home you want to buy in Waka, 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 Waka, 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 Waka, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Waka, 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 Waka, 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 Waka, 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 Waka, 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 Waka, 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 Waka, Texas offer borrowers the advantage of providing short-term financing to bridge the gap between the purchase of a new home and the sale of an existing one. This can be instrumental in avoiding missed opportunities and securing the desired property without being contingent on selling the current home. Demographically, Waka, Texas is a vibrant community with a growing population of diverse backgrounds, including families, professionals, and retirees. The town boasts a strong sense of community, with residents enjoying a high quality of life and access to various amenities such as parks, schools, and shopping centers. The housing market in Waka, Texas is competitive yet offers a range of options for buyers. With a mix of historic homes and modern developments, potential homeowners can find properties that suit their preferences and budget. Bridge loans can help buyers navigate this dynamic market by providing timely financial assistance.
Benefits of Bridge Loans in Waka, Texas
