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Navigating the process of buying a new home in Floresville, 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 Floresville, TX or getting it ready for the market.
Identify the new home you want to buy in Floresville, 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 Floresville, 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 Floresville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Floresville, 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 Floresville, 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 Floresville, 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 Floresville, 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 Floresville, 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 in Floresville, Texas offer quick access to funds for down payment on a new home before selling the existing one. They provide flexibility and convenience for homeowners looking to transition smoothly without missing out on their dream home. Demographics: Floresville, Texas, boasts a diverse population with a strong sense of community. The city is known for its friendly residents, affordable cost of living, and excellent schools, making it an ideal place for families and individuals alike. Housing Market: The housing market in Floresville is thriving, with a range of properties available to suit different budgets and preferences. The city offers a mix of modern homes and historic properties, presenting opportunities for both investors and homeowners. Main Attractions: Floresville is home to the beautiful River Bend Golf Club, offering residents and visitors a tranquil escape amidst stunning landscapes. The city also boasts a rich history, with landmarks like the Wilson County Courthouse and the Floresville Peanut Festival celebrating its heritage.
Bridge Loans in Floresville, Texas
