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Navigating the process of buying a new home in Macdona, 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 Macdona, TX or getting it ready for the market.
Identify the new home you want to buy in Macdona, 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 Macdona, 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 Macdona, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Macdona, 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 Macdona, 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 Macdona, 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 Macdona, 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 Macdona, 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 Macdona, Texas offer quick access to funds allowing buyers to purchase a new home before selling their existing one. This enables flexibility in timing and avoids the pressure of matching closing dates. Macdona, Texas, is a small community in Bexar County with a diverse population. The area boasts a mix of rural and suburban living, attracting families looking for a peaceful environment while being close to urban amenities in nearby San Antonio. The housing market in Macdona offers a range of options from single-family homes to larger estates, catering to different preferences and budgets. With a steady demand for housing, property values have remained stable, making it an attractive investment opportunity. Some main attractions in Macdona include the San Antonio Missions National Historical Park, providing a glimpse into the area's rich history. The nearby Medina River Natural Area offers outdoor recreational activities like hiking and bird-watching, making it a paradise for nature enthusiasts.
Bridge Loans in Macdona, Texas