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Navigating the process of buying a new home in Warrenton, 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 Warrenton, TX or getting it ready for the market.
Identify the new home you want to buy in Warrenton, 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 Warrenton, 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 Warrenton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Warrenton, 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 Warrenton, 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 Warrenton, 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 Warrenton, 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 Warrenton, 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 Warrenton, Texas offer a flexible financing solution for homeowners looking to purchase a new property before selling their existing one. These loans provide quick access to funds, allowing individuals to secure their dream home without the stress of a contingent offer. Demographics in Warrenton, Texas reveal a diverse community with a population that values community engagement and cultural diversity. The town boasts a mix of young families and retirees, creating a vibrant and inclusive atmosphere that appeals to a wide range of residents. The housing market in Warrenton, Texas is on the rise, with steady appreciation rates and a healthy inventory of properties. Bridge loans play a crucial role in this competitive market by giving buyers a strategic advantage in securing new homes quickly, ultimately driving growth and stability in the real estate sector. Warrenton, Texas is known for its charming Main Street lined with local shops, restaurants, and historic buildings. Residents and visitors alike enjoy exploring the town's rich history, picturesque parks, and annual festivals that celebrate the community's heritage and culture.
Benefits of Bridge Loans in Warrenton, Texas