Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rockwood, 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 Rockwood, TX or getting it ready for the market.
Identify the new home you want to buy in Rockwood, 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 Rockwood, 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 Rockwood, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rockwood, 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 Rockwood, 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 Rockwood, 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 Rockwood, 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 Rockwood, 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 provide a quick source of funding for homeowners in transition. They allow homeowners to purchase a new property before selling their current one, avoiding the stress of timing the sale and purchase perfectly. Rockwood, Texas, is a charming town with a population of around 2,500 residents. The community is close-knit, offering a small-town feel with access to modern amenities. The town has a mix of families, young professionals, and retirees, creating a diverse and welcoming environment. The housing market in Rockwood is stable, with a range of properties available for buyers. The median home price is affordable compared to larger cities, making it an attractive option for first-time homeowners and those looking to downsize. Bridge loans can help buyers secure the property they desire without waiting for their current home to sell. Rockwood is surrounded by natural beauty, with parks, lakes, and hiking trails nearby. Residents can enjoy outdoor activities like fishing, boating, and camping. The town also has local shops, restaurants, and community events that showcase its unique charm.
Benefits of Bridge Loans in Rockwood, Texas
