Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lockhart, 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 Lockhart, TX or getting it ready for the market.
Identify the new home you want to buy in Lockhart, 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 Lockhart, 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 Lockhart, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lockhart, 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 Lockhart, 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 Lockhart, 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 Lockhart, 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 Lockhart, 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 Lockhart, Texas offer a convenient solution for homebuyers by providing short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This allows for a smoother transition without the pressure of selling quickly at a lower price. Lockhart, Texas, a charming town with a population of approximately 14,000, boasts a diverse community with a mix of young families and retirees. The town is known for its rich history, friendly atmosphere, and strong sense of community, making it an ideal place to settle down. The housing market in Lockhart, Texas, is dynamic and offers a mix of historic homes, new developments, and rural properties. With a median home price below the national average, Lockhart provides an affordable housing market with great potential for growth, making it an attractive option for both first-time homebuyers and real estate investors. Lockhart, Texas, is famous for its barbecue scene, with several renowned BBQ joints drawing visitors from far and wide. Additionally, the town is home to beautiful parks, historic sites, and vibrant local shops, providing residents with a high quality of life and a variety of attractions to enjoy.
Benefits of Bridge Loans in Lockhart, Texas
