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Navigating the process of buying a new home in Aledo, 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 Aledo, TX or getting it ready for the market.
Identify the new home you want to buy in Aledo, 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 Aledo, 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 Aledo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Aledo, 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 Aledo, 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 Aledo, 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 Aledo, 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 Aledo, 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!
A bridge loan in Aledo, Texas provides homeowners the flexibility to purchase a new home before selling their current one. This benefit allows for seamless transitions to new properties without the stress of timing constraints. Demographically, Aledo is known for its close-knit community with a population that values quality education and a peaceful lifestyle. Families and young professionals are drawn to the area for its exceptional school districts and safe neighborhoods. The housing market in Aledo, Texas is vibrant, offering a mix of spacious single-family homes and modern condos. Property values have been steadily increasing, making it an attractive location for real estate investments. Among the main attractions in Aledo are the historic downtown area with charming shops and eateries, as well as the stunning natural landscapes perfect for outdoor activities like hiking and horseback riding.
Benefits of Bridge Loans in Aledo, Texas
