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Navigating the process of buying a new home in Del Valle, 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 Del Valle, TX or getting it ready for the market.
Identify the new home you want to buy in Del Valle, 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 Del Valle, 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 Del Valle, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Del Valle, 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 Del Valle, 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 Del Valle, 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 Del Valle, 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 Del Valle, 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!
Benefits of Bridge Loans: Bridge loans offer the advantage of providing immediate funds for purchasing a new property before selling an existing one, avoiding the stress of timing issues. They can also help secure your dream home without contingency clauses, giving you a competitive edge in the real estate market. Demographics: Del Valle, Texas, is a diverse community with a mix of families and young professionals. The population is growing steadily due to its proximity to Austin and affordable housing options. Housing Market: The housing market in Del Valle is booming, with a variety of housing options ranging from single-family homes to modern apartments. The median home price is competitive, making it an attractive location for first-time buyers and investors. Main Attractions: Del Valle offers a blend of nature and city life, with attractions like McKinney Roughs Nature Park, Circuit of The Americas racing track, and proximity to downtown Austin for vibrant nightlife and cultural experiences.
Bridge Loans in Del Valle, Texas