Get Approved at The Lowest Rate
Navigating the process of buying a new home in Burnet, 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 Burnet, TX or getting it ready for the market.
Identify the new home you want to buy in Burnet, 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 Burnet, 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 Burnet, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Burnet, 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 Burnet, 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 Burnet, 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 Burnet, 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 Burnet, 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 quick funding, allowing buyers to secure a new property before selling their current one, making them ideal for time-sensitive transactions in Burnet. This financial tool helps avoid contingencies, streamlines the buying process, and reduces stress associated with juggling two properties simultaneously. Burnet, located in Central Texas, boasts a diverse population with a median income above the state average. Its growing economy, fueled by booming industries such as healthcare and tourism, offers ample employment opportunities and a strong foundation for real estate investments. The housing market in Burnet is competitive yet affordable compared to neighboring regions. With a mix of historic homes and modern developments, there are options for every buyer. Bridge loans provide the flexibility needed to capitalize on favorable market conditions and secure properties before prices rise further. While in Burnet, visitors can explore attractions like the Highland Lakes, Inks Lake State Park, and Longhorn Cavern State Park. These natural wonders offer outdoor activities such as hiking, fishing, and boating, making Burnet an ideal destination for nature enthusiasts.
The Benefits of Bridge Loans in Burnet, Texas
