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Navigating the process of buying a new home in Llano, 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 Llano, TX or getting it ready for the market.
Identify the new home you want to buy in Llano, 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 Llano, 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 Llano, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Llano, 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 Llano, 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 Llano, 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 Llano, 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 Llano, 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 Llano, Texas offer individuals the flexibility to purchase a new home before selling their current one. This can prevent the need for temporary housing and allows for a smoother transition between properties. Llano, Texas, boasts a diverse population with a mix of families, retirees, and young professionals. The city features a strong sense of community, low crime rates, and excellent schools, making it an attractive location for individuals of all ages. The housing market in Llano, Texas, is stable with a moderate increase in property values. With a variety of housing options ranging from historic homes to modern developments, there is something to suit every taste and budget. Some of the main attractions in Llano include the picturesque Llano River, perfect for outdoor activities like fishing and kayaking. The city's historic downtown area offers charming shops, restaurants, and cultural events that showcase the area's rich heritage.
Benefits of Bridge Loans in Llano, Texas
