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Navigating the process of buying a new home in Schertz, 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 Schertz, TX or getting it ready for the market.
Identify the new home you want to buy in Schertz, 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 Schertz, 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 Schertz, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Schertz, 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 Schertz, 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 Schertz, 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 Schertz, 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 Schertz, 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 Schertz, Texas offer a flexible financing option for individuals looking to buy a new property before selling their current one. This type of loan can help bridge the financial gap between the sale of a current home and the purchase of a new one, providing funds for a down payment and ensuring a smooth transition. Schertz, Texas, is a vibrant city located in Guadalupe, Bexar, and Comal counties. The city boasts a diverse population with a mix of young professionals, families, and retirees. Its strategic location near San Antonio makes it an attractive place to live for those seeking a suburban lifestyle with easy access to urban amenities. The housing market in Schertz is on the rise, offering a mix of residential options ranging from single-family homes to luxury estates. With a strong economy and job market, the demand for housing in Schertz continues to grow, making it an excellent investment opportunity for buyers looking to capitalize on the city's real estate market.
The Benefits of Bridge Loans in Schertz, Texas
