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Navigating the process of buying a new home in Pflugerville, 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 Pflugerville, TX or getting it ready for the market.
Identify the new home you want to buy in Pflugerville, 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 Pflugerville, 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 Pflugerville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pflugerville, 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 Pflugerville, 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 Pflugerville, 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 Pflugerville, 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 Pflugerville, 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 Pflugerville, Texas offer a convenient and flexible financing option for individuals looking to purchase a new home before selling their existing one. These loans provide quick access to funds, enabling buyers to secure their next property without waiting for their current home to sell. Demographics: Pflugerville, Texas, is a vibrant and diverse community located just north of Austin. With a growing population of over 65,000 residents, the city boasts a mix of young professionals, families, and retirees, making it a welcoming and inclusive place to live. Housing Market: The housing market in Pflugerville is competitive yet affordable, with a median home price below the national average. Bridge loans can give buyers a competitive edge in this market, allowing them to make strong offers and secure their dream home quickly. Main Attractions: Pflugerville offers a range of attractions, including beautiful parks, hiking trails, and recreational facilities. Residents can enjoy outdoor activities at Lake Pflugerville or explore the local dining and shopping scene in the downtown area.
Benefits of Bridge Loans in Pflugerville, Texas