Get Approved at The Lowest Rate
Navigating the process of buying a new home in New Braunfels, 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 New Braunfels, TX or getting it ready for the market.
Identify the new home you want to buy in New Braunfels, 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 New Braunfels, 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 New Braunfels, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in New Braunfels, 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 New Braunfels, 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 New Braunfels, 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 New Braunfels, 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 New Braunfels, 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!
Benefits of Bridge Loans: Bridge loans in New Braunfels, Texas offer borrowers the flexibility to secure short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. These loans can help avoid contingent offers, secure a new property quickly, and provide funds for renovations. Demographics: New Braunfels, Texas has a population of approximately 90,209 as of 2021. The city boasts a diverse community with a median age of 38 years. The local economy is driven by industries such as healthcare, manufacturing, and tourism. Housing Market: The housing market in New Braunfels is thriving, with a median home value of $300,000. The market is competitive, with homes selling quickly due to the city's popularity as a desirable place to live. Bridge loans can provide a competitive edge for buyers in this fast-paced market. Main Attractions: New Braunfels is known for its historic charm, outdoor recreation opportunities, and vibrant cultural scene. Attractions such as Schlitterbahn Waterpark, Gruene Historic District, and Natural Bridge Caverns draw visitors and residents alike.
Bridge Loans in New Braunfels, Texas
