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Navigating the process of buying a new home in Runge, 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 Runge, TX or getting it ready for the market.
Identify the new home you want to buy in Runge, 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 Runge, 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 Runge, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Runge, 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 Runge, 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 Runge, 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 Runge, 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 Runge, 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 Runge, Texas provide a flexible financing option for homeowners. They allow individuals to transition smoothly from their current home to a new one without the stress of selling their existing property first. This can be particularly beneficial in competitive markets where quick transactions are necessary. Demographics: Runge, Texas, a small town located in Karnes County, has a population of approximately 1,000 residents. The town boasts a tight-knit community where residents enjoy a low cost of living and access to various amenities such as parks, schools, and local shops. Housing Market: The housing market in Runge, Texas, is characterized by affordable homes with a mix of traditional single-family houses and newer developments. Bridge loans can help individuals secure their dream home in this growing market while navigating the complexities of selling their current property. Main Attractions: Despite its size, Runge offers a vibrant community life with events such as the annual Runge Western Days celebration, highlighting the town's rich cultural heritage. Residents also have access to nearby attractions like the Choke Canyon State Park, providing ample opportunities for outdoor recreation.
Benefits of Bridge Loans in Runge, Texas
