Get Approved at The Lowest Rate
Navigating the process of buying a new home in Blanco, 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 Blanco, TX or getting it ready for the market.
Identify the new home you want to buy in Blanco, 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 Blanco, 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 Blanco, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blanco, 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 Blanco, 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 Blanco, 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 Blanco, 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 Blanco, 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 Blanco, Texas offer a convenient financing option for individuals seeking to buy a new home before selling their existing one. These loans provide short-term funding to bridge the gap between the sale of the old property and the purchase of a new one, avoiding the need to rush the selling process or miss out on a desired property. Demographics Blanco, Texas, is a charming town with a population of approximately 2,000 residents. The community is known for its friendly atmosphere, low crime rates, and strong sense of unity. The town has a mix of families, retirees, and young professionals, creating a diverse and vibrant environment. Housing Market The housing market in Blanco is characterized by a variety of property types, including historic homes, modern developments, and spacious ranches. The market is stable, with steady appreciation rates and a healthy balance between supply and demand. Bridge loans can be particularly beneficial in this market to facilitate quick transactions and secure desirable properties. Main Attractions Blanco offers a range of attractions, including the picturesque Blanco State Park, known for its hiking trails and river activities. The town is also famous for the annual Lavender Festival, celebrating the local lavender farms. Additionally, the charming downtown area features boutique shops, cozy cafes, and historic landmarks.
Benefits of Bridge Loans in Blanco, Texas
