Get Approved at The Lowest Rate
Navigating the process of buying a new home in Leander, 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 Leander, TX or getting it ready for the market.
Identify the new home you want to buy in Leander, 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 Leander, 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 Leander, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Leander, 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 Leander, 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 Leander, 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 Leander, 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 Leander, 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 offer a short-term financing solution for individuals looking to bridge the gap between the purchase of a new home and the sale of their current property in Leander, Texas. These loans provide financial flexibility and enable buyers to make competitive offers without contingency clauses, giving them a significant advantage in the competitive real estate market. Demographically, Leander, Texas, is a vibrant and growing community located in the Greater Austin metropolitan area. With a population of over 60,000 residents, Leander offers a diverse mix of urban amenities and natural beauty, making it an attractive place to live for individuals and families alike. The housing market in Leander is characterized by a mix of new development and established neighborhoods, providing a range of housing options to suit different preferences and budgets. Bridge loans can help homebuyers take advantage of opportunities in this dynamic market, allowing them to secure their dream home while navigating the complexities of buying and selling simultaneously. Some of the main attractions in Leander include the scenic Brushy Creek Regional Trail, the Crystal Falls Golf Club, and the vibrant shopping and dining scene in the city center. Residents also have easy access to the cultural offerings and employment opportunities of nearby Austin, making Leander an ideal location for those seeking a balanced lifestyle.
Benefits of Bridge Loans in Leander, Texas