Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kerrville, 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 Kerrville, TX or getting it ready for the market.
Identify the new home you want to buy in Kerrville, 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 Kerrville, 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 Kerrville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kerrville, 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 Kerrville, 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 Kerrville, 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 Kerrville, 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 Kerrville, 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 Kerrville, Texas offer quick access to funds for individuals looking to purchase a new home before selling their existing one. These loans provide financial flexibility by bridging the gap between the sale of the current property and the purchase of a new one. Demographically, Kerrville is a vibrant city with a population that enjoys a mix of urban and rural living. The city has a diverse community, including families, young professionals, and retirees, creating a welcoming and inclusive environment for residents. The housing market in Kerrville, Texas, is robust, with a range of properties available to suit different preferences and budgets. The market offers options from traditional single-family homes to modern condominiums, catering to a diverse range of homebuyers. Some of the main attractions in Kerrville include the stunning Guadalupe River, where locals and visitors can enjoy outdoor activities like kayaking and fishing. Additionally, the city is known for its vibrant arts scene, with galleries and theaters showcasing local talent.
Benefits of Bridge Loans in Kerrville, Texas
