Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bastrop, 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 Bastrop, TX or getting it ready for the market.
Identify the new home you want to buy in Bastrop, 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 Bastrop, 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 Bastrop, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bastrop, 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 Bastrop, 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 Bastrop, 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 Bastrop, 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 Bastrop, 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 Bastrop, Texas offer a convenient financing option for homebuyers during the transition between selling their current home and purchasing a new one. These short-term loans can help bridge the gap in funding, providing flexibility and financial security during the moving process. The demographics of Bastrop, Texas, show a diverse community with a mix of young professionals, families, and retirees. The town is known for its friendly atmosphere and welcoming spirit, making it an ideal place for individuals looking to settle down or raise a family. In terms of the housing market, Bastrop, Texas, offers a range of housing options, from historic homes in the downtown area to modern developments in the surrounding neighborhoods. The market is competitive, with a mix of both buyers and sellers, creating opportunities for those interested in buying or selling property. Main attractions in Bastrop include the picturesque Colorado River, the historic Main Street lined with shops and restaurants, and the nearby Bastrop State Park offering outdoor recreational activities for residents and visitors alike.
Benefits of Bridge Loans in Bastrop, Texas
