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Navigating the process of buying a new home in Kenedy, 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 Kenedy, TX or getting it ready for the market.
Identify the new home you want to buy in Kenedy, 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 Kenedy, 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 Kenedy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kenedy, 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 Kenedy, 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 Kenedy, 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 Kenedy, 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 Kenedy, 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 Kenedy, Texas provide borrowers with a crucial financial tool to facilitate the purchase of a new home before selling their existing property. These short-term loans offer flexibility, allowing homeowners to bridge the gap between buying and selling without missing out on their dream home. Kenedy, Texas, boasts a diverse demographic profile, with a mix of young professionals and families. The city's population has been steadily increasing in recent years, offering a vibrant community for residents to thrive in. The housing market in Kenedy, Texas, is dynamic and competitive, with a range of options available for buyers and sellers. Bridge loans play a vital role in this market by helping homeowners secure their new home quickly while leveraging their existing property as collateral. Some of the main attractions in Kenedy, Texas, include the Chisholm Trail Heritage Museum, where visitors can explore the rich history of the region, and the Joe Gulley Park, a popular spot for outdoor activities and family outings. Additionally, the city's proximity to San Antonio offers residents easy access to a wide range of cultural and recreational amenities.
Benefits of Bridge Loans in Kenedy, Texas
