Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dripping Springs, 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 Dripping Springs, TX or getting it ready for the market.
Identify the new home you want to buy in Dripping Springs, 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 Dripping Springs, 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 Dripping Springs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dripping Springs, 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 Dripping Springs, 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 Dripping Springs, 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 Dripping Springs, 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 Dripping Springs, 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 Dripping Springs provide borrowers with a helpful financial tool to bridge the gap between the purchase of a new home and the sale of their existing property. This flexible financing option allows individuals to secure their dream home without being contingent on the sale of their current one. Demographics: Dripping Springs, Texas, is a charming town known for its friendly community atmosphere and scenic beauty. The population consists of a mix of families, young professionals, and retirees, creating a diverse and welcoming environment. Housing Market: The housing market in Dripping Springs is thriving, offering a mix of upscale luxury homes, ranch properties, and cozy family residences. With the help of bridge loans, homebuyers can take advantage of the competitive market and secure their ideal home quickly. Main Attractions: Dripping Springs is renowned for its outdoor recreational opportunities, including hiking trails, wineries, and natural attractions like Hamilton Pool Preserve. The town also hosts festivals, farmers markets, and local artisan shops, providing residents with a vibrant and active community.
Benefits of Bridge Loans in Dripping Springs, Texas
