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Navigating the process of buying a new home in Keller, 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 Keller, TX or getting it ready for the market.
Identify the new home you want to buy in Keller, 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 Keller, 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 Keller, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Keller, 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 Keller, 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 Keller, 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 Keller, 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 Keller, 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 Keller, Texas offer borrowers a convenient short-term financing solution to bridge the gap between the purchase of a new property and the sale of an existing one. These loans provide quick access to funds, allowing homeowners to avoid missing out on their dream home due to timing constraints. Demographically, Keller, Texas is a vibrant city with a growing population of professionals and families. The median household income is above the national average, making it an attractive location for those seeking a high quality of life. The city boasts excellent schools, low crime rates, and a strong sense of community. In terms of the housing market, Keller, Texas has seen steady appreciation in property values over the past few years. With a diverse range of housing options, from historic homes to modern developments, there is something for everyone in Keller. Bridge loans play a crucial role in helping residents capitalize on investment opportunities and secure their desired properties. Main attractions in Keller include its beautiful parks, upscale shopping centers, and top-rated restaurants. The city's strong focus on community events and outdoor recreation make it a desirable place to live and work. Whether exploring nature trails or enjoying local entertainment, Keller offers a well-rounded lifestyle for residents of all ages.
Benefits of Bridge Loans in Keller, Texas