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Navigating the process of buying a new home in Wall, 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 Wall, TX or getting it ready for the market.
Identify the new home you want to buy in Wall, 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 Wall, 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 Wall, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wall, 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 Wall, 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 Wall, 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 Wall, 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 Wall, 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!
Benefits of Bridge Loans: Bridge loans in Wall, Texas offer quick financing solutions for those looking to purchase a new home before selling their current one. They provide flexibility and can be crucial in competitive real estate markets. Demographics: Wall, Texas, is a growing community with a mix of families and retirees. The population is diverse, with a strong sense of community. The area boasts good schools and a lower cost of living compared to larger urban centers. Housing Market: Wall's housing market is stable and experiencing steady growth. The demand for homes is high due to the area's quality of life and affordability. Bridge loans can help buyers navigate this competitive market effectively. Main Attractions: Wall, Texas, is known for its charming downtown area, beautiful parks, and outdoor recreational activities. The community values its historical sites and local businesses, making it a desirable place to live and explore.
Bridge Loans in Wall, Texas
