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Navigating the process of buying a new home in Westhoff, 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 Westhoff, TX or getting it ready for the market.
Identify the new home you want to buy in Westhoff, 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 Westhoff, 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 Westhoff, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Westhoff, 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 Westhoff, 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 Westhoff, 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 Westhoff, 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 Westhoff, 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 in Westhoff, Texas offer a convenient financing option for those looking to purchase a new home before selling their current one. They provide flexibility and speed in the buying process. Demographics: Westhoff, Texas, is a small, close-knit community with a population of around 200 residents. The town boasts a diverse demographic mix, with a strong sense of community and a welcoming atmosphere. Housing Market: The housing market in Westhoff, Texas, is stable with a variety of housing options available. The average home price is competitive, making it an attractive location for both first-time buyers and investors. Main Attractions: Westhoff, Texas, is known for its scenic beauty and outdoor recreational activities. The town offers hiking trails, parks, and a vibrant local arts and culture scene, making it a great place to live and explore.
The Benefits of Bridge Loans in Westhoff, Texas
