Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rocksprings, 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 Rocksprings, TX or getting it ready for the market.
Identify the new home you want to buy in Rocksprings, 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 Rocksprings, 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 Rocksprings, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rocksprings, 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 Rocksprings, 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 Rocksprings, 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 Rocksprings, 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 Rocksprings, 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 Rocksprings, Texas offer a flexible financing option for homebuyers. They provide quick access to funds, allowing individuals to secure a new property before selling their current one. This can be especially beneficial in a competitive housing market, giving buyers a competitive edge. Demographically, Rocksprings is a small town in Edwards County, Texas, with a population of approximately 1,235 residents. The town has a rural charm and a tight-knit community feel, making it an ideal location for those seeking a peaceful and quiet lifestyle. Rocksprings' housing market is characterized by affordable home prices compared to nearby urban areas. The median home price in Rocksprings is below the national average, making it an attractive option for first-time homebuyers and retirees looking to downsize. Some of the main attractions in Rocksprings include the Devil's Sinkhole State Natural Area, known for its stunning cave formations and bat colonies. The town also offers outdoor recreational opportunities such as hunting, fishing, and hiking in the scenic Texas Hill Country.
Benefits of Bridge Loans in Rocksprings, Texas
