Get Approved at The Lowest Rate
Navigating the process of buying a new home in Breckenridge, 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 Breckenridge, TX or getting it ready for the market.
Identify the new home you want to buy in Breckenridge, 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 Breckenridge, 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 Breckenridge, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Breckenridge, 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 Breckenridge, 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 Breckenridge, 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 Breckenridge, 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 Breckenridge, 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!
In Breckenridge, Texas, bridge loans offer numerous benefits to homebuyers. These short-term loans provide quick access to funds, allowing buyers to secure a new property while awaiting the sale of their current home. This flexibility can prevent the loss of a desirable property and streamline the buying process. The demographics of Breckenridge reflect a diverse community with a population that values small-town charm and a close-knit atmosphere. With a mix of families, professionals, and retirees, the town offers a welcoming environment for individuals from all walks of life. The housing market in Breckenridge is characterized by a range of property options, from historic homes to modern developments. Bridge loans can be particularly advantageous in this market, where demand is high, as they enable buyers to act quickly and secure competitive offers. When visiting Breckenridge, be sure to explore attractions like the Hubbard Creek Lake for outdoor recreational activities, the Breckenridge Aviation Museum for history buffs, and the Walker Memorial Museum to learn about the town's heritage. Additionally, the vibrant local dining scene offers a taste of Texas hospitality.
Bridge Loans in Breckenridge, Texas
