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Navigating the process of buying a new home in Sunnyvale, 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 Sunnyvale, TX or getting it ready for the market.
Identify the new home you want to buy in Sunnyvale, 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 Sunnyvale, 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 Sunnyvale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sunnyvale, 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 Sunnyvale, 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 Sunnyvale, 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 Sunnyvale, 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 Sunnyvale, 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!
Benefits of Bridge Loans: Bridge loans provide quick access to funds for purchasing a new home before selling the current one. This can prevent missed opportunities and help buyers secure their dream home without being contingent on selling their existing property. Demographics: Sunnyvale, Texas, is a charming town with a population of approximately 6,100 residents. Known for its tight-knit community and excellent school system, Sunnyvale attracts families and individuals looking for a peaceful yet connected place to live. Housing Market: The housing market in Sunnyvale is thriving, with a mix of single-family homes and new developments. The median home value is $500,000, and the market is competitive, making bridge loans a valuable tool for buyers needing quick financing. Main Attractions: Sunnyvale offers a range of attractions, including beautiful parks, local shops, and a rich historical downtown area. Residents can enjoy outdoor activities, community events, and easy access to nearby cities like Dallas for additional entertainment options.
Bridge Loans in Sunnyvale, Texas
