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Navigating the process of buying a new home in Wellborn, 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 Wellborn, TX or getting it ready for the market.
Identify the new home you want to buy in Wellborn, 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 Wellborn, 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 Wellborn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wellborn, 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 Wellborn, 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 Wellborn, 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 Wellborn, 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 Wellborn, 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 Wellborn, Texas offer numerous benefits to homeowners. These short-term loans provide immediate funds to bridge the gap between the purchase of a new home and the sale of the current one. They allow individuals to secure their dream home without being contingent on the sale of their existing property. Demographics: Wellborn, Texas, is a vibrant community with a population of approximately X,XXX residents. The town boasts a diverse population, with a mix of young professionals, families, and retirees. The well-established neighborhoods and strong sense of community make it an attractive place to call home. Housing Market: The housing market in Wellborn is thriving, with a range of housing options to suit different preferences and budgets. From cozy single-family homes to spacious estates, there is something for everyone. The demand for housing in Wellborn is steadily increasing, making it a favorable market for buyers and sellers alike. Main Attractions: Wellborn offers a blend of natural beauty and modern conveniences. Residents can enjoy the peaceful surroundings of parks and trails, while also having easy access to shopping centers and restaurants. The town's proximity to major cities and attractions makes it an ideal location for those seeking a tranquil lifestyle with urban amenities nearby.
Benefits of Bridge Loans in Wellborn, Texas
