Get Approved at The Lowest Rate
Navigating the process of buying a new home in Round Rock, 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 Rock, TX or getting it ready for the market.
Identify the new home you want to buy in Round Rock, 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 Rock, 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 Rock, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Round Rock, 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 Rock, 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 Rock, 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 Rock, 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 Rock, 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 Rock, Texas offer several benefits to individuals and businesses. These short-term loans provide quick access to capital, allowing borrowers to bridge financial gaps during real estate transactions. They are particularly useful in competitive markets where securing traditional financing may take too long. Demographics: Round Rock, Texas, is a diverse and vibrant city located in the Greater Austin metropolitan area. With a growing population of over 130,000 residents, Round Rock offers a mix of urban amenities and suburban comfort, making it an attractive place for families, young professionals, and retirees. Housing Market: The housing market in Round Rock is robust, with a variety of housing options ranging from single-family homes to luxury apartments. The city's real estate market has seen steady growth in property values, making it an attractive location for real estate investors and homebuyers looking for long-term appreciation. Main Attractions: Round Rock boasts a range of attractions, including the famous Round Rock Premium Outlets for shopping enthusiasts, the Dell Diamond stadium for baseball fans, and the picturesque Brushy Creek Regional Trail for outdoor enthusiasts. The city also offers a thriving culinary scene with diverse dining options.
The Benefits of Bridge Loans in Round Rock, Texas
