Get Approved at The Lowest Rate
Navigating the process of buying a new home in Driftwood, 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 Driftwood, TX or getting it ready for the market.
Identify the new home you want to buy in Driftwood, 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 Driftwood, 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 Driftwood, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Driftwood, 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 Driftwood, 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 Driftwood, 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 Driftwood, 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 Driftwood, 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 Driftwood, Texas offer numerous advantages for homebuyers and investors. These short-term loans provide the flexibility to secure a new property before selling an existing one, avoiding the need for a contingency offer. This can be particularly beneficial in competitive real estate markets, allowing buyers to act quickly and confidently. Demographically, Driftwood, Texas, is a charming rural community located in Hays County. With a population of around 3,000 residents, Driftwood offers a peaceful and close-knit environment. The area is known for its picturesque landscapes, vineyards, and ranches, making it an ideal escape from the hustle and bustle of city life. The housing market in Driftwood, Texas, is thriving, with a diverse range of properties available. From spacious ranch-style homes to modern estates, buyers can find the perfect property to suit their needs. Bridge loans provide the financial flexibility to capitalize on these opportunities, ensuring seamless transactions and smooth transitions. Main attractions in Driftwood include the iconic Salt Lick BBQ, a popular destination for mouthwatering barbecue dishes, and the scenic Driftwood Estate Winery, where visitors can enjoy wine tastings against the backdrop of rolling vineyards. The area's natural beauty, including hiking trails and parks, offers endless opportunities for outdoor recreation.
Benefits of Bridge Loans in Driftwood, Texas
