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Navigating the process of buying a new home in Castell, 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 Castell, TX or getting it ready for the market.
Identify the new home you want to buy in Castell, 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 Castell, 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 Castell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Castell, 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 Castell, 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 Castell, 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 Castell, 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 Castell, 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 Castell, Texas offer a convenient financing solution for homebuyers looking to purchase a new home before selling their existing property. This allows for a seamless transition without the stress of timing constraints. Castell, Texas, located in Llano County, has a population of approximately 100 residents. The community boasts a rich history, with many historic buildings and sites to explore, making it an ideal location for those seeking a peaceful and charming place to live. The housing market in Castell is characterized by a mix of historic homes and newer properties, providing a variety of options for potential buyers. The median home price is around $350,000, making it an attractive market for both first-time homebuyers and those looking to invest in real estate. Some of the main attractions in Castell include the Castell General Store, a popular spot for locals and visitors alike, offering a glimpse into the town's past. Outdoor enthusiasts will also enjoy the nearby Llano River, known for its scenic beauty and recreational activities such as fishing and hiking.
Benefits of Bridge Loans in Castell, Texas
