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Navigating the process of buying a new home in Woodlawn, 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 Woodlawn, TX or getting it ready for the market.
Identify the new home you want to buy in Woodlawn, 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 Woodlawn, 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 Woodlawn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woodlawn, 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 Woodlawn, 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 Woodlawn, 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 Woodlawn, 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 Woodlawn, 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 Woodlawn, Texas, provide short-term financing solutions allowing individuals to purchase a new property before selling their current one. This helps in avoiding the need for a contingency offer and streamlines the buying process. Demographics: Woodlawn, Texas, is a vibrant community with a diverse demographic profile. The population consists of families, young professionals, and retirees, creating a dynamic and engaging atmosphere. Housing Market: The housing market in Woodlawn, Texas, offers a range of options from single-family homes to apartments and condos. The market is competitive yet affordable, making it an attractive destination for those looking to buy or invest in real estate. Main Attractions: Woodlawn, Texas, boasts a variety of attractions including scenic parks, quaint local shops, and delicious dining options. Residents and visitors can enjoy outdoor activities, community events, and a close-knit neighborhood feel.
Bridge Loans in Woodlawn, Texas