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Navigating the process of buying a new home in Kyle, 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 Kyle, TX or getting it ready for the market.
Identify the new home you want to buy in Kyle, 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 Kyle, 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 Kyle, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kyle, 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 Kyle, 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 Kyle, 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 Kyle, 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 Kyle, 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 Kyle, Texas offer a valuable financial solution for individuals looking to purchase a new home before selling their existing one. These short-term loans provide the advantage of quick access to funds, enabling buyers to secure their dream home without waiting for their current property to sell. This flexibility can make a significant difference in competitive real estate markets, giving buyers a strategic edge in negotiations. Demographics: Kyle, Texas is a vibrant city located in Hays County with a population of around 50,000 residents. Known for its diverse community and family-friendly environment, Kyle offers a mix of suburban charm and urban amenities. The city's population has been steadily growing, attracting young professionals and families seeking a high quality of life. Housing Market: The housing market in Kyle, Texas is dynamic, with a range of housing options to suit different preferences and budgets. From cozy single-family homes to modern condominiums, Kyle offers a variety of choices for homebuyers. The market is competitive yet stable, making it an attractive location for both first-time buyers and seasoned investors. Main Attractions: Kyle, Texas boasts a range of attractions for residents and visitors alike. Outdoor enthusiasts can enjoy the beauty of Lake Kyle and numerous parks for recreation. The city also hosts various events and festivals throughout the year, showcasing its rich cultural heritage and community spirit. Additionally, Kyle's proximity to Austin provides easy access to the vibrant music, food, and entertainment scene of the state capital.
Benefits of Bridge Loans in Kyle, Texas