Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sundown, 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 Sundown, TX or getting it ready for the market.
Identify the new home you want to buy in Sundown, 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 Sundown, 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 Sundown, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sundown, 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 Sundown, 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 Sundown, 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 Sundown, 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 Sundown, 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 a quick and flexible financing solution for homebuyers in Sundown, Texas. These short-term loans provide immediate funds to cover the gap between the purchase of a new home and the sale of the current one. This allows buyers to secure their new property without delays or missed opportunities. Demographics in Sundown, Texas, show a vibrant community with a population that values family and a close-knit atmosphere. The town boasts a mix of residents from different age groups, creating a diverse and inclusive environment for all. Sundown's strong sense of community makes it an ideal place for families looking to settle down. The housing market in Sundown, Texas, is experiencing steady growth, making it an attractive location for real estate investments. With a range of properties available, from cozy family homes to spacious ranch-style houses, buyers have various options to choose from. The town's affordable housing prices and favorable market conditions make it an excellent opportunity for both homeowners and investors. Main attractions in Sundown, Texas, include the picturesque Sundown Lake, perfect for fishing and boating enthusiasts. The town's charming downtown area offers quaint shops, delicious local eateries, and cultural events for residents to enjoy. Additionally, Sundown's proximity to outdoor recreational areas like parks and trails provides plenty of opportunities for residents to explore and stay active.
The Benefits of Bridge Loans in Sundown, Texas