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Navigating the process of buying a new home in Comfort, 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 Comfort, TX or getting it ready for the market.
Identify the new home you want to buy in Comfort, 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 Comfort, 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 Comfort, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Comfort, 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 Comfort, 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 Comfort, 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 Comfort, 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 Comfort, 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 Comfort, Texas offer a flexible financing option for homeowners looking to purchase a new home before selling their current one. These loans provide short-term funds to bridge the gap between the sale of the existing home and the purchase of a new property. Demographically, Comfort, Texas, is a quaint town with a population of approximately 2,400 residents. Known for its friendly community atmosphere, Comfort attracts individuals and families looking for a peaceful and close-knit environment to call home. In terms of the housing market, Comfort, Texas, offers a mix of historic homes and modern properties. The real estate market is stable, with a variety of housing options available at different price points, making it an appealing destination for both first-time buyers and those seeking luxury residences. Some of the main attractions in Comfort include the historic Treue Der Union Monument, the stunning Guadalupe River State Park, and the popular Hill Country Distillers. These attractions showcase the town's rich history, natural beauty, and vibrant community spirit, making Comfort a unique and exciting place to live.
Benefits of Bridge Loans in Comfort, Texas
