Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kendalia, 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 Kendalia, TX or getting it ready for the market.
Identify the new home you want to buy in Kendalia, 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 Kendalia, 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 Kendalia, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kendalia, 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 Kendalia, 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 Kendalia, 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 Kendalia, 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 Kendalia, 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 Kendalia, Texas offer a valuable financing solution for homeowners transitioning between properties. These short-term loans provide immediate funds to purchase a new home before selling the existing property, preventing the need to wait for the sale to close. Kendalia, Texas, with a population of approximately 358 people, offers a tranquil rural setting ideal for those seeking a peaceful lifestyle. The community is close-knit, with a strong sense of belonging and pride in their Texan heritage. The housing market in Kendalia is characterized by a mix of traditional single-family homes and expansive ranch properties. With a median home value of $326,000, the market is stable and attractive to buyers looking for a blend of affordability and comfort. For those visiting Kendalia, attractions like the Guadalupe River State Park and Cascade Caverns provide opportunities for outdoor recreation and adventure. The town's rich history is showcased in its museums and cultural sites, offering a glimpse into its past.
Benefits of Bridge Loans in Kendalia, Texas
