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Navigating the process of buying a new home in Woodson, 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 Woodson, TX or getting it ready for the market.
Identify the new home you want to buy in Woodson, 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 Woodson, 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 Woodson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woodson, 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 Woodson, 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 Woodson, 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 Woodson, 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 Woodson, 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 offer numerous advantages to residents of Woodson, Texas. These short-term loans provide immediate funds to bridge the gap between the purchase of a new property and the sale of an existing one. They allow homeowners to avoid financial strain and secure their dream home without waiting for their current property to sell. Woodson, Texas, is a charming town with a close-knit community and a rich history. The town's demographics reveal a mix of families and retirees, creating a diverse and welcoming atmosphere. With a growing population and a strong local economy, Woodson offers residents a peaceful lifestyle amidst beautiful natural surroundings. The Woodson housing market is thriving, with a range of property options to suit different preferences and budgets. The market trends show steady appreciation in property values, making it an attractive location for both homeowners and investors. Bridge loans can help buyers take advantage of these favorable market conditions and secure their ideal home. When in Woodson, visitors can explore the town's main attractions, such as the historic downtown area, local parks, and cultural events. The town's scenic beauty and unique charm make it a popular destination for nature lovers and history enthusiasts alike. With its vibrant community and warm hospitality, Woodson offers a truly unforgettable experience for residents and visitors alike.
Benefits of Bridge Loans in Woodson, Texas
