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Navigating the process of buying a new home in Walburg, 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 Walburg, TX or getting it ready for the market.
Identify the new home you want to buy in Walburg, 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 Walburg, 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 Walburg, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Walburg, 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 Walburg, 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 Walburg, 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 Walburg, 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 Walburg, 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 Walburg, Texas offer a temporary financing solution for homeowners looking to purchase a new property before selling their current one. This helps in avoiding the stress of carrying two mortgages and allows for a smooth transition between homes. Demographics: Walburg, Texas, is a charming rural community with a population of approximately 1,000 residents. The town has a strong sense of community, making it an ideal place for families and those looking for a close-knit neighborhood. Housing Market: The housing market in Walburg offers a mix of traditional single-family homes and spacious rural properties. With the help of bridge loans, residents can take advantage of the competitive market and secure their dream home without delay. Main Attractions: Walburg is famous for its German heritage, evident in its authentic beer gardens and delicious cuisine. The town is also home to the historic St. Peter's Church and hosts annual festivals celebrating its rich culture, making it a unique and vibrant place to live.
Benefits of Bridge Loans in Walburg, Texas