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Navigating the process of buying a new home in Washington, 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 Washington, TX or getting it ready for the market.
Identify the new home you want to buy in Washington, 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 Washington, 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 Washington, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Washington, 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 Washington, 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 Washington, 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 Washington, 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 Washington, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions for those looking to buy a new home before selling their current one. They provide flexibility, allowing homeowners to avoid missing out on their dream home due to the timing of selling their existing property. Demographics: Washington, Texas boasts a diverse population with a mix of urban and suburban lifestyles. The area attracts young professionals, families, and retirees looking for a blend of modern amenities and a peaceful community. Housing Market: The housing market in Washington, Texas is thriving, with a range of housing options from historic homes to modern developments. The market is competitive, making bridge loans a valuable tool for buyers to secure their desired properties quickly. Main Attractions: Washington, Texas offers a rich cultural scene, beautiful parks, and a vibrant food and entertainment sector. Residents can enjoy outdoor activities, trendy restaurants, and local festivals that showcase the community's unique charm.
Bridge Loans in Washington, Texas