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Navigating the process of buying a new home in Sebastian, 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 Sebastian, TX or getting it ready for the market.
Identify the new home you want to buy in Sebastian, 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 Sebastian, 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 Sebastian, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sebastian, 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 Sebastian, 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 Sebastian, 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 Sebastian, 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 Sebastian, 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 offer quick access to funds to bridge the gap between the purchase of a new home and the sale of your current one. In the competitive real estate market of Sebastian, Texas, this can give you an edge by allowing you to make a strong offer on your dream home without waiting for your existing property to sell. Sebastian, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The median age is 35, and the community is known for its friendly atmosphere and strong sense of community. With a low crime rate and excellent schools, Sebastian is a great place to raise a family. The housing market in Sebastian, Texas, is robust with a variety of options ranging from historic homes to modern apartments. The median home price is $250,000, making it an affordable choice for first-time buyers and investors alike. With steady appreciation rates, investing in real estate in Sebastian is a wise financial decision. Main attractions in Sebastian include the beautiful Riverfront Park, perfect for picnics and outdoor activities. The Sebastian Museum offers a glimpse into the town's rich history, while the local farmers' market is a favorite spot for fresh produce and artisanal goods. The annual Sebastian Rodeo draws visitors from near and far, showcasing the town's vibrant western culture.
Benefits of Bridge Loans in Sebastian, Texas