Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cibolo, 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 Cibolo, TX or getting it ready for the market.
Identify the new home you want to buy in Cibolo, 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 Cibolo, 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 Cibolo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cibolo, 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 Cibolo, 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 Cibolo, 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 Cibolo, 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 Cibolo, 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 flexible financing option for homeowners in Cibolo, Texas, allowing them to purchase a new home before selling their current one. This can help in avoiding the stress of coordinating timelines and ensuring a smooth transition between homes. Cibolo, Texas, is a vibrant community with a diverse population. The city boasts a growing economy, good schools, and a strong sense of community. The demographic makeup includes young families, professionals, and retirees, creating a dynamic and welcoming environment. The housing market in Cibolo, Texas, is thriving, offering a range of options from single-family homes to modern apartments. With competitive prices and low interest rates, now is an excellent time to invest in property in this area. Bridge loans can provide the necessary financial support to make the most of these opportunities. Some main attractions in Cibolo, Texas, include local parks, historic sites, and a variety of dining and shopping options. The city's strategic location near San Antonio also offers easy access to cultural and entertainment venues, making it an ideal place to live for those seeking a balanced lifestyle.
Benefits of Bridge Loans in Cibolo, Texas
