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Navigating the process of buying a new home in Leakey, 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 Leakey, TX or getting it ready for the market.
Identify the new home you want to buy in Leakey, 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 Leakey, 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 Leakey, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Leakey, 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 Leakey, 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 Leakey, 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 Leakey, 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 Leakey, 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 Leakey, Texas offer a crucial financial lifeline to homebuyers, allowing them to secure their dream home even before their existing property sells. This flexibility enables seamless transitions without the stress of timing contingencies. Demographics Leakey, Texas, a charming town with a population of approximately 425 residents, boasts a strong sense of community and a peaceful, small-town atmosphere. The town is known for its friendly locals and welcoming spirit, making it an ideal place to call home. Housing Market The housing market in Leakey offers a mix of quaint historic homes and modern properties, catering to various tastes and preferences. With the help of bridge loans, homebuyers can capitalize on this diverse market and invest in their ideal home without delays. Main Attractions Leakey is surrounded by breathtaking natural beauty, including the stunning Frio River and Garner State Park, where residents can enjoy swimming, hiking, and camping. Additionally, the town hosts the annual Frio Canyon Motorcycle Rally, a popular event that attracts visitors from far and wide.
Benefits of Bridge Loans in Leakey, Texas
