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Navigating the process of buying a new home in Kingsbury, 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 Kingsbury, TX or getting it ready for the market.
Identify the new home you want to buy in Kingsbury, 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 Kingsbury, 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 Kingsbury, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kingsbury, 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 Kingsbury, 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 Kingsbury, 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 Kingsbury, 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 Kingsbury, 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!
A bridge loan in Kingsbury, Texas can offer immediate financial assistance to bridge the gap between buying a new home and selling the existing one. This type of loan provides flexibility and allows homeowners to make a competitive offer without being contingent on the sale of their current property. Demographics: Kingsbury, Texas, has a diverse population with a mix of families, young professionals, and retirees. The town offers a close-knit community feel with a range of amenities and services to cater to residents of all ages. Housing Market: The housing market in Kingsbury, Texas, is stable with a mix of modern and traditional housing options. The median home price is competitive, making it an attractive location for both first-time homebuyers and investors looking for a promising market. Main Attractions: Kingsbury, Texas, is known for its scenic parks, historic sites, and proximity to outdoor recreational areas. Residents can enjoy activities like hiking, biking, and exploring the local culture and cuisine.
Benefits of Bridge Loans in Kingsbury, Texas
