Get Approved at The Lowest Rate
Navigating the process of buying a new home in Manchaca, 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 Manchaca, TX or getting it ready for the market.
Identify the new home you want to buy in Manchaca, 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 Manchaca, 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 Manchaca, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Manchaca, 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 Manchaca, 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 Manchaca, 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 Manchaca, 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 Manchaca, 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 Manchaca, Texas offer a valuable financial solution for individuals looking to purchase a new home while awaiting the sale of their current property. These loans provide temporary funding to cover the down payment and closing costs of a new home purchase, offering flexibility and convenience to homeowners. Manchaca, located in Travis County, Texas, boasts a diverse demographic profile. With a growing population of around 1,133 residents, the community enjoys a mix of young professionals, families, and retirees. The area's median household income is $72,568, reflecting a stable and thriving economy. The housing market in Manchaca is vibrant, with a range of housing options available to meet varying needs and preferences. The median home value in Manchaca is $349,500, with a steady appreciation rate. Bridge loans can help individuals take advantage of these opportunities and secure their dream home in this desirable location. Main attractions in Manchaca include the beautiful Onion Creek and the nearby McKinney Falls State Park, offering residents and visitors opportunities for outdoor activities such as hiking, picnicking, and fishing. Additionally, the area features unique local shops, restaurants, and community events that showcase the charm and character of Manchaca.
Benefits of Bridge Loans in Manchaca, Texas
