Get Approved at The Lowest Rate
Navigating the process of buying a new home in Horseshoe Bay, 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 Horseshoe Bay, TX or getting it ready for the market.
Identify the new home you want to buy in Horseshoe Bay, 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 Horseshoe Bay, 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 Horseshoe Bay, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Horseshoe Bay, 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 Horseshoe Bay, 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 Horseshoe Bay, 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 Horseshoe Bay, 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 Horseshoe Bay, 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: Bridge loans offer a seamless transition for homebuyers in Horseshoe Bay, Texas, by providing short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This helps in avoiding delays and allows buyers to secure their dream home without the pressure of selling their existing property quickly. Demographics: Horseshoe Bay, Texas, is a picturesque city located in Burnet County with a population of around 3,500 residents. The city boasts a mix of retirees, working professionals, and families, creating a diverse and vibrant community. Housing Market: The housing market in Horseshoe Bay is thriving, with a range of luxury waterfront properties, single-family homes, and condos available. The market offers diverse options to cater to various preferences and budgets, making it an attractive destination for homebuyers. Main Attractions: Horseshoe Bay is renowned for its beautiful Lake LBJ, a popular spot for boating, fishing, and water sports. The city also features world-class golf courses, stunning resorts, and scenic parks, offering residents and visitors plenty of recreational opportunities in a serene natural setting.
Benefits of Bridge Loans in Horseshoe Bay, Texas
