Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bertram, 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 Bertram, TX or getting it ready for the market.
Identify the new home you want to buy in Bertram, 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 Bertram, 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 Bertram, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bertram, 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 Bertram, 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 Bertram, 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 Bertram, 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 Bertram, 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 valuable financing solution for homebuyers in Bertram, Texas. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their existing one. This flexibility can prevent missed opportunities and alleviate the stress of carrying two mortgages simultaneously. Bertram, Texas, a charming town with a population of around 1,500, boasts a tight-knit community feel. The area is known for its affordable housing options, making it an attractive location for first-time homebuyers and families looking to settle down in a peaceful rural setting. The housing market in Bertram is dynamic, with a mix of historic properties and modern developments. Home prices are relatively affordable compared to neighboring cities, making it an appealing option for those seeking a balance between affordability and quality of life. With the help of bridge loans, buyers can act swiftly in this competitive market.
Benefits of Bridge Loans in Bertram, Texas
