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Navigating the process of buying a new home in Wallis, 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 Wallis, TX or getting it ready for the market.
Identify the new home you want to buy in Wallis, 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 Wallis, 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 Wallis, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wallis, 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 Wallis, 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 Wallis, 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 Wallis, 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 Wallis, 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 Wallis, Texas offer numerous benefits. These short-term loans help bridge the financial gap between the purchase of a new home and the sale of the current one. They provide homeowners with the flexibility and convenience to secure a new property without being burdened by the sale process of the old one. Demographics: Wallis, Texas, is a charming town with a diverse population. The community primarily consists of hardworking families and individuals seeking a peaceful suburban lifestyle. The town offers a mix of young professionals, families, and retirees, creating a vibrant and welcoming atmosphere. Housing Market: The housing market in Wallis, Texas, is stable and offers a variety of housing options to cater to different needs and budgets. From spacious single-family homes to modern condominiums, prospective buyers can find their ideal property in this dynamic market. Main Attractions: Wallis, Texas, boasts several attractions that enhance the quality of life for residents. The town features beautiful parks, shopping centers, and local eateries that provide recreational opportunities and a strong sense of community.
Benefits of Bridge Loans in Wallis, Texas
