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Navigating the process of buying a new home in Walnut Springs, 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 Walnut Springs, TX or getting it ready for the market.
Identify the new home you want to buy in Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, Texas offer numerous benefits to homebuyers, particularly in scenarios where there is a need to act quickly. These short-term loans provide the necessary funds to bridge the gap between the purchase of a new home and the sale of the current one, preventing delays and allowing for a smoother transition. Located in Bosque County, Walnut Springs, Texas, has a population of around 1,500 residents. The town boasts a serene rural setting, offering a peaceful atmosphere for residents seeking a quieter lifestyle away from the hustle and bustle of big cities. The housing market in Walnut Springs presents various opportunities for homebuyers, with a mix of historic homes and modern properties available at competitive prices. The town's real estate market is stable, making it an attractive option for those looking to invest in a property that offers both affordability and potential for appreciation. Despite its small size, Walnut Springs has its unique attractions, including the Walnut Springs Park, which provides recreational activities such as hiking, fishing, and picnicking. Additionally, the town is known for its friendly community atmosphere and local events that bring residents together throughout the year.
Bridge Loans in Walnut Springs, Texas