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Navigating the process of buying a new home in Universal City, 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 Universal City, TX or getting it ready for the market.
Identify the new home you want to buy in Universal City, 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 Universal City, 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 Universal City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal City, Texas provide quick access to funds for homebuyers allowing them to bridge the gap between the purchase of a new home and sale of their current property. This flexibility enables buyers to make competitive offers without contingency clauses, making their bids more attractive to sellers. Demographics in Universal City reflect a diverse community with a population of approximately 20,000 residents. The city boasts a median household income above the national average, making it an attractive location for families and professionals alike. The housing market in Universal City is stable and offers a variety of single-family homes, townhouses, and apartments to suit different needs and budgets. With a competitive market, bridge loans provide buyers with the edge they need to secure their dream home in this desirable location. Universal City is home to popular attractions such as Olympia Hills Golf & Event Center, providing residents with leisure and recreational activities. Moreover, the city's proximity to San Antonio offers easy access to the vibrant cultural scene and amenities of a larger city.
Benefits of Bridge Loans in Universal City, Texas
