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Navigating the process of buying a new home in Maxwell, 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 Maxwell, TX or getting it ready for the market.
Identify the new home you want to buy in Maxwell, 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 Maxwell, 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 Maxwell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Maxwell, 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 Maxwell, 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 Maxwell, 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 Maxwell, 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 Maxwell, 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 Maxwell, Texas offer numerous benefits to homebuyers. These short-term loans provide quick financing for individuals looking to purchase a new home before selling their existing property. They offer flexibility, allowing borrowers to make a competitive offer without the contingency of selling their current home. Maxwell, Texas, is a vibrant community with a population of approximately 600 residents. The town offers a peaceful rural setting while being conveniently located near major cities like Austin and San Antonio. Residents enjoy a small-town atmosphere with easy access to urban amenities. The housing market in Maxwell is diverse, featuring a mix of historic homes, modern developments, and spacious rural properties. The average home price in Maxwell is affordable compared to nearby urban areas, making it an attractive option for first-time buyers and those looking to invest in real estate. Maxwell boasts a variety of attractions for residents and visitors alike. The town is known for its annual festivals, local eateries, and outdoor recreational opportunities. Nearby attractions include the San Marcos River for kayaking and tubing, as well as historic sites like the El Camino Real de los Tejas National Historic Trail.
Bridge Loans in Maxwell, Texas