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Navigating the process of buying a new home in Westminster, 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 Westminster, TX or getting it ready for the market.
Identify the new home you want to buy in Westminster, 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 Westminster, 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 Westminster, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Westminster, 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 Westminster, 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 Westminster, 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 Westminster, 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 Westminster, 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 Westminster, Texas offer numerous benefits to borrowers. These short-term loans provide quick access to funds, enabling individuals to bridge financial gaps during real estate transactions. Borrowers can secure their dream homes without waiting for the sale of their current property. Additionally, bridge loans have flexible repayment terms, making them suitable for a range of financial situations. Westminster, Texas, is a charming town with a diverse population. The demographics of Westminster showcase a mix of young families, professionals, and retirees, creating a vibrant community atmosphere. The town has a strong sense of community, with residents actively participating in local events and initiatives. The housing market in Westminster, Texas, is dynamic and competitive. With a range of housing options available, from historic properties to modern developments, Westminster caters to different preferences and budgets. The real estate market in Westminster is characterized by steady appreciation rates, making it an attractive investment opportunity for buyers and sellers. Westminster, Texas, boasts a variety of main attractions that cater to residents and visitors alike. From picturesque parks and scenic trails to local eateries and shops, Westminster offers numerous recreational and entertainment options. The town's rich history and cultural heritage are reflected in its museums and historical sites, providing opportunities for education and exploration.
Bridge Loans in Westminster, Texas