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Navigating the process of buying a new home in Little River Academy, 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 Little River Academy, TX or getting it ready for the market.
Identify the new home you want to buy in Little River Academy, 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 Little River Academy, 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 Little River Academy, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Little River Academy, 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 Little River Academy, 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 Little River Academy, 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 Little River Academy, 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 Little River Academy, 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 Little River Academy, Texas offer numerous benefits to homeowners. These short-term loans provide quick access to funds to finance the purchase of a new home while waiting for the sale of their current property. This helps avoid the stress of carrying two mortgages simultaneously and enables seamless transitions between homes. Demographically, Little River Academy is a charming town located in Bell County, Texas, with a population of around 1,000 residents. The community is known for its tight-knit feel, low crime rates, and excellent schools, making it an ideal place for families looking to settle down in a safe and friendly environment. The housing market in Little River Academy is stable, with a median home value of around $150,000. The real estate market is characterized by affordable housing options, making it an attractive destination for first-time buyers and those looking to invest in property. Bridge loans offer a convenient financing option for prospective buyers in this competitive market. Some of the main attractions in Little River Academy and the surrounding area include the picturesque Little River, perfect for outdoor activities like fishing and kayaking. Additionally, residents can enjoy the vibrant local food scene, historic landmarks, and proximity to the bustling city of Austin, which is just a short drive away.
Benefits of Bridge Loans in Little River Academy, Texas
