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Navigating the process of buying a new home in Cedar Park, 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 Park, TX or getting it ready for the market.
Identify the new home you want to buy in Cedar Park, 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 Park, 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 Park, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cedar Park, 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 Park, 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 Park, 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 Park, 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 Park, 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 provide a valuable financing option for homebuyers in Cedar Park, Texas, allowing them to purchase a new home before selling their existing one. This can help avoid the stress of timing issues and bridge the gap between transactions. Demographics Cedar Park, Texas, is a vibrant suburb known for its family-friendly environment with a mix of young professionals and growing families. The city has a strong sense of community, excellent schools, and a diverse population, making it an attractive place to live. Housing Market The housing market in Cedar Park is robust, offering a range of housing options from single-family homes to modern apartments. The real estate market is competitive, with steady appreciation in property values, making it a promising investment opportunity. Main Attractions Cedar Park boasts a variety of attractions, including the popular Brushy Creek Regional Trail, Elizabeth Milburn Park with its sports facilities, and the H-E-B Center for entertainment events, ensuring residents have plenty of recreational options.
Benefits of Bridge Loans in Cedar Park, Texas
