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Navigating the process of buying a new home in Stockdale, 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 Stockdale, TX or getting it ready for the market.
Identify the new home you want to buy in Stockdale, 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 Stockdale, 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 Stockdale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Stockdale, 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 Stockdale, 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 Stockdale, 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 Stockdale, 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 Stockdale, 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 Stockdale, Texas offer quick access to funds for homeowners looking to purchase a new property before selling their existing one. These loans provide flexibility and bridge the financial gap during the transition period, allowing individuals to make a competitive offer on a new home without being contingent on the sale of their current property. Demographics: Stockdale, Texas, is a charming small town with a population of approximately 1,600 residents. The community has a mix of families, young professionals, and retirees, creating a diverse and welcoming atmosphere. Housing Market: The housing market in Stockdale offers a range of options, from historic homes with character to modern properties with updated amenities. With affordable prices compared to nearby cities, Stockdale presents an attractive opportunity for first-time buyers and those looking to invest in real estate. Main Attractions: Stockdale boasts scenic parks, local restaurants, and cultural events that celebrate the town's rich history. Residents enjoy outdoor activities like hiking and fishing, as well as community gatherings that showcase the town's tight-knit spirit.
Benefits of Bridge Loans in Stockdale, Texas