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Navigating the process of buying a new home in Waller, 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 Waller, TX or getting it ready for the market.
Identify the new home you want to buy in Waller, 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 Waller, 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 Waller, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Waller, 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 Waller, 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 Waller, 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 Waller, 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 Waller, 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 Waller, Texas offer numerous benefits for homebuyers. These short-term loans provide immediate funds to secure a new home before selling the existing one. This prevents missing out on a dream home and can expedite the buying process. Demographically, Waller, Texas is a vibrant community with a diverse population. With a mix of young families, professionals, and retirees, the area offers a welcoming environment for residents of all ages. The town's strong sense of community and excellent schools make it an attractive location for families. The housing market in Waller, Texas is thriving, offering a range of options from cozy suburban homes to expansive rural properties. The median home price is affordable, making it an appealing choice for first-time homebuyers. Additionally, the market is stable and projected to continue growing, making it a sound investment. Waller, Texas boasts several main attractions for residents and visitors alike. From the picturesque hiking trails of Waller County Park to the historic downtown area with charming shops and dining options, there is something for everyone to enjoy in this welcoming community.
Benefits of Bridge Loans in Waller, Texas