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Navigating the process of buying a new home in Wallisville, 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 Wallisville, TX or getting it ready for the market.
Identify the new home you want to buy in Wallisville, 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 Wallisville, 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 Wallisville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wallisville, 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 Wallisville, 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 Wallisville, 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 Wallisville, 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 Wallisville, 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 Wallisville, Texas offer a crucial financial solution for homeowners looking to transition smoothly between the purchase of a new home and the sale of their current property. These short-term loans provide immediate funds to cover down payments, allowing buyers to secure the new property without being contingent on the sale of their existing home. This flexibility can be a game-changer in competitive real estate markets, giving buyers an edge over others. Wallisville, Texas, a small town located in Chambers County, has a population of approximately 670 residents. The area boasts a suburban feel with most residents owning their homes, creating a stable and close-knit community. The town's demographics show a mix of families, retirees, and young professionals, making it a diverse and welcoming place to live. The housing market in Wallisville remains competitive yet affordable, with a median home price of $210,000. The market is experiencing steady growth, making it an attractive location for both buyers and sellers. Bridge loans provide homeowners with the financial flexibility needed to capitalize on the opportunities presented by this evolving market. While Wallisville may be a small town, it offers a range of attractions for residents and visitors alike. The Wallisville Heritage Park showcases the town's history and natural beauty, while the Trinity River National Wildlife Refuge provides opportunities for outdoor activities such as hiking and birdwatching. Additionally, the town's proximity to the larger city of Houston offers easy access to urban amenities and entertainment.
Benefits of Bridge Loans in Wallisville, Texas
