Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cedar Creek, 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 Cedar Creek, TX or getting it ready for the market.
Identify the new home you want to buy in Cedar Creek, 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 Cedar Creek, 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 Cedar Creek, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cedar Creek, 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 Cedar Creek, 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 Cedar Creek, 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 Cedar Creek, 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 Cedar Creek, 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 Cedar Creek, Texas offer several advantages for homeowners. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This can be beneficial in a competitive housing market, allowing buyers to secure their new home quickly without being contingent on the sale of their old one. Cedar Creek, Texas, boasts a diverse demographic mix with a growing population of professionals, families, and retirees. The area is known for its scenic beauty, recreational opportunities, and tight-knit community spirit. The median household income is above the national average, reflecting the area's economic stability and growth potential. The housing market in Cedar Creek is competitive yet diverse, offering a range of options from single-family homes to rural properties. The area has seen steady appreciation in property values, making it an attractive investment location. Bridge loans can help buyers take advantage of favorable market conditions and secure their dream homes quickly. Some of the main attractions in Cedar Creek include McKinney Roughs Nature Park, Bastrop State Park, and the Colorado River. These natural gems offer residents and visitors opportunities for hiking, camping, fishing, and other outdoor activities. The area's rich history, vibrant local culture, and proximity to Austin make it a desirable destination for both tourists and new residents.
The Benefits of Bridge Loans in Cedar Creek, Texas
