Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bluff Dale, 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 Bluff Dale, TX or getting it ready for the market.
Identify the new home you want to buy in Bluff Dale, 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 Bluff Dale, 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 Bluff Dale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bluff Dale, 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 Bluff Dale, 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 Bluff Dale, 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 Bluff Dale, 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 Bluff Dale, 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 Bluff Dale, Texas offer crucial financial assistance to homeowners during the transition between the sale of one home and the purchase of another. These short-term loans bridge the gap in funding, allowing individuals to secure a new property without being financially burdened by owning two homes simultaneously. With a population of approximately 400, Bluff Dale boasts a tight-knit community atmosphere ideal for families and retirees. The town's demographics are characterized by a mix of age groups, with a median household income exceeding the state average. This makes it an attractive destination for those seeking a peaceful, rural lifestyle. Bluff Dale's housing market presents a unique blend of traditional charm and modern convenience. Despite its small size, the town offers a variety of housing options, from historic single-family homes to new developments. The real estate market in Bluff Dale is stable, with moderate appreciation rates, making it a sound investment choice for buyers. While small in size, Bluff Dale offers a range of attractions for residents and visitors alike. Outdoor enthusiasts can enjoy hiking and fishing in nearby parks, while the town's quaint shops and local eateries provide a glimpse into rural Texas living. Additionally, the close-knit community often hosts events and festivals that showcase the area's rich culture and history.
Benefits of Bridge Loans in Bluff Dale, Texas
