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Navigating the process of buying a new home in Kingsland, 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 Kingsland, TX or getting it ready for the market.
Identify the new home you want to buy in Kingsland, 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 Kingsland, 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 Kingsland, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kingsland, 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 Kingsland, 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 Kingsland, 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 Kingsland, 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 Kingsland, 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 Kingsland offer a convenient financial solution for those looking to purchase a new home before selling their current one. This type of loan provides quick access to funds, allowing borrowers to bridge the gap between the purchase of a new property and the sale of their existing one. It can be a lifesaver in competitive real estate markets where timing is crucial. Demographics: Kingsland, Texas, is a charming town located on the shores of Lake LBJ. With a population of around 6,000 residents, it offers a tight-knit community feel. The town has a mix of retirees, families, and young professionals, creating a diverse and welcoming environment. Housing Market: The housing market in Kingsland is thriving, with a range of properties available to suit different preferences and budgets. Bridge loans can help buyers secure their dream home without the stress of waiting for their current property to sell. This flexibility gives buyers a competitive edge in the market. Main Attractions: Kingsland boasts a variety of attractions, including boating and fishing on Lake LBJ, golf courses, wineries, and scenic parks. The town's proximity to the Texas Hill Country also offers outdoor enthusiasts plenty of hiking and exploring opportunities.
Benefits of Bridge Loans in Kingsland, Texas
