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Navigating the process of buying a new home in Austwell, 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 Austwell, TX or getting it ready for the market.
Identify the new home you want to buy in Austwell, 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 Austwell, 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 Austwell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Austwell, 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 Austwell, 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 Austwell, 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 Austwell, 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 Austwell, 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 Austwell, Texas offer a convenient financing option for homeowners looking to purchase a new home before selling their existing one. These loans provide quick access to capital, enabling individuals to bridge the gap between transactions and avoid missing out on their dream home. Demographics: Austwell, Texas, is a small town with a population of around 200 residents. The community is known for its tight-knit feel and friendly atmosphere. The town has a mix of families and retirees, creating a diverse and welcoming environment. Housing Market: The housing market in Austwell is stable, with a range of property types available. Bridge loans can help potential buyers act quickly in a competitive market, securing their new home while navigating the sale of their current property. Main Attractions: Despite its small size, Austwell offers a variety of attractions for residents and visitors. The town is located near beautiful parks, providing opportunities for outdoor recreation such as hiking, fishing, and picnicking. Additionally, Austwell's proximity to the coast offers access to stunning beaches and water activities.
Benefits of Bridge Loans in Austwell, Texas