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Navigating the process of buying a new home in Bronte, 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 Bronte, TX or getting it ready for the market.
Identify the new home you want to buy in Bronte, 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 Bronte, 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 Bronte, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bronte, 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 Bronte, 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 Bronte, 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 Bronte, 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 Bronte, 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 Bronte, Texas offer a flexible financing solution for homeowners looking to purchase a new property before selling their current home. They provide quick access to funds, allowing individuals to bridge the gap between transactions conveniently. Demographics: Bronte, Texas, has a population of approximately X, with a median household income of $Y. The town boasts a diverse community with a blend of cultural backgrounds, making it a welcoming place to live. Housing Market: The housing market in Bronte, Texas, is currently experiencing steady growth, with property values increasing by Z% over the past year. This trend indicates a stable real estate environment, making it an ideal location for investment. Main Attractions: Bronte offers a range of attractions, including the historic XYZ Museum, beautiful parks, and scenic trails. Residents can enjoy outdoor activities such as hiking, fishing, and camping, making Bronte a fantastic place to call home.
Benefits of Bridge Loans in Bronte, Texas