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Navigating the process of buying a new home in Manor, 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 Manor, TX or getting it ready for the market.
Identify the new home you want to buy in Manor, 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 Manor, 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 Manor, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Manor, 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 Manor, 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 Manor, 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 Manor, 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 Manor, 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 Manor, Texas offer a convenient financing option that allows homebuyers to purchase a new home before selling their current one. This can help avoid the stress of timing issues and ensure a smooth transition. Manor, Texas, is a vibrant suburban community located just east of Austin. With a population of over 10,000 residents, Manor offers a diverse and welcoming atmosphere, making it an ideal place to call home. The housing market in Manor, Texas, is on the rise, with a range of housing options available to suit different budgets and preferences. From cozy single-family homes to spacious townhouses, Manor has something for everyone. Some of the main attractions in Manor include the beautiful Jennie Lane Park, the historic Manor Depot, and the popular ShadowGlen Golf Club. Residents can enjoy outdoor activities, cultural experiences, and recreational amenities right in their own backyard.
The Benefits of Bridge Loans in Manor, Texas
