Get Approved at The Lowest Rate
Navigating the process of buying a new home in Schulenburg, 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 Schulenburg, TX or getting it ready for the market.
Identify the new home you want to buy in Schulenburg, 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 Schulenburg, 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 Schulenburg, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Schulenburg, 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 Schulenburg, 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 Schulenburg, 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 Schulenburg, 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 Schulenburg, 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 Schulenburg, Texas offer numerous benefits for individuals looking to buy a new home before selling their current one. These short-term loans provide financial flexibility, allowing borrowers to make a down payment on a new property while still owning their existing home. Schulenburg, Texas, is a quaint town with a diverse demographic mix. With a population of around 2,852 residents, the community is known for its friendly atmosphere and strong sense of community. The town has a mix of retirees, young families, and professionals, making it a great place to raise a family or retire. The housing market in Schulenburg is stable, with a median home price of around $173,000. The market offers a range of housing options, from historic cottages to modern single-family homes. The town's real estate market is competitive, with properties often selling quickly, making bridge loans a valuable tool for buyers. Some main attractions in Schulenburg include the Stanzel Model Aircraft Museum, Sengelmann Hall, and the famous painted churches. These attractions showcase the town's rich history and offer residents and visitors opportunities for recreation and cultural enrichment.
Bridge Loans in Schulenburg, Texas
