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Navigating the process of buying a new home in Weir, 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 Weir, TX or getting it ready for the market.
Identify the new home you want to buy in Weir, 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 Weir, 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 Weir, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weir, 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 Weir, 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 Weir, 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 Weir, 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 Weir, 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 Weir, Texas offer a flexible and convenient financing option for residents looking to purchase a new home before selling their current one. This allows homeowners to avoid the stress of timing the sale of their existing home with the purchase of a new one. Demographics in Weir, Texas include a population of approximately 550 residents, with a mix of families and retirees. The town offers a peaceful and close-knit community, perfect for those seeking a quieter lifestyle away from the hustle and bustle of the city. The housing market in Weir, Texas is stable, with a balanced inventory of homes to choose from. Bridge loans provide a strategic tool for buyers to secure their new property quickly and compete with other potential buyers in the market. Main attractions in Weir, Texas include the picturesque countryside, perfect for outdoor activities such as hiking and biking. The town also features charming local shops and restaurants that add to its small-town charm and appeal.
Benefits of Bridge Loans in Weir, Texas