Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bend, 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 Bend, TX or getting it ready for the market.
Identify the new home you want to buy in Bend, 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 Bend, 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 Bend, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bend, 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 Bend, 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 Bend, 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 Bend, 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 Bend, 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 a convenient and flexible financing option for individuals looking to buy a new home before selling their current one in Bend, Texas. This type of loan helps bridge the financial gap between the purchase of a new property and the sale of an existing one, providing homeowners with the funds needed to secure their new home quickly. Demographically, Bend, Texas, is a growing city with a diverse population. The area attracts residents of all ages, from young professionals to families and retirees, creating a vibrant community. The city's proximity to major urban centers and excellent schools make it an attractive location for individuals looking to settle down. The housing market in Bend, Texas, is dynamic and competitive. With a mix of traditional single-family homes, modern condominiums, and spacious townhouses, homebuyers have a variety of options to choose from. The real estate market in Bend offers opportunities for both buyers and sellers, with steady appreciation in property values making it a lucrative investment. In addition to its housing market, Bend, Texas, boasts several main attractions that draw visitors and residents alike. The city is known for its scenic parks, lively cultural events, and outdoor recreational opportunities. From hiking trails to cultural festivals, Bend offers something for everyone to enjoy.
Benefits of Bridge Loans in Bend, Texas
