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Navigating the process of buying a new home in Woodville, 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 Woodville, TX or getting it ready for the market.
Identify the new home you want to buy in Woodville, 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 Woodville, 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 Woodville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woodville, 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 Woodville, 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 Woodville, 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 Woodville, 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 Woodville, 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 Woodville, Texas offer a convenient financing solution for homeowners who are looking to purchase a new property before selling their current one. These loans provide the flexibility to bridge the gap between the sale of the existing home and the purchase of a new one, preventing the need to make a contingent offer. Woodville, Texas has a population of approximately 2,500 residents, with the majority being homeowners. The town boasts a tight-knit community feel, with a mix of young families and retirees contributing to its friendly atmosphere. The housing market in Woodville, Texas is stable, with a range of single-family homes available at affordable prices. The median home value is around $125,000, offering opportunities for both first-time buyers and those looking to upgrade to a larger property. Some main attractions in Woodville include the scenic Tyler County Dogwood Festival, which celebrates the local flora each spring, and the nearby Martin Dies Jr. State Park, offering outdoor activities such as hiking, fishing, and camping for residents and visitors to enjoy.
Benefits of Bridge Loans in Woodville, Texas
