Get Approved at The Lowest Rate
Navigating the process of buying a new home in Round Mountain, 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 Round Mountain, TX or getting it ready for the market.
Identify the new home you want to buy in Round Mountain, 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 Round Mountain, 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 Round Mountain, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Round Mountain, 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 Round Mountain, 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 Round Mountain, 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 Round Mountain, 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 Round Mountain, 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 Round Mountain, Texas offer numerous benefits for individuals seeking temporary financing to bridge the gap between the purchase of a new home and the sale of an existing one. These loans provide quick access to funds, allowing borrowers to secure a new property without waiting for their current home to sell. Demographically, Round Mountain is a charming town located in the heart of Texas Hill Country. With a population of around 2000 residents, it offers a tight-knit community feel with a focus on outdoor activities and a peaceful lifestyle. The town predominantly consists of families and retirees attracted to its scenic beauty and relaxed pace of life. In terms of the housing market, Round Mountain boasts a stable real estate environment with a diverse range of properties available. The market is characterized by a mix of traditional single-family homes, ranch-style properties, and larger estates set against the backdrop of the rolling hills of the region. Bridge loans provide flexibility in this market, allowing buyers to act quickly on desirable properties. Main attractions in Round Mountain include the iconic Hamilton Pool Preserve, a stunning natural swimming hole, and Longhorn Cavern State Park, offering visitors a glimpse into the area's geological history. Outdoor enthusiasts can also enjoy hiking, fishing, and birdwatching in the surrounding countryside.
Benefits of Bridge Loans in Round Mountain, Texas
