Get Approved at The Lowest Rate
Navigating the process of buying a new home in Vanderpool, 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 Vanderpool, TX or getting it ready for the market.
Identify the new home you want to buy in Vanderpool, 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 Vanderpool, 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 Vanderpool, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Vanderpool, 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 Vanderpool, 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 Vanderpool, 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 Vanderpool, 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 Vanderpool, 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!
1. Quick Financing: Bridge loans offer fast access to funds, allowing individuals in Vanderpool to secure a new property before selling their existing one. 2. Flexibility: These loans provide flexibility in repayment terms, making them suitable for those in transition or facing temporary financial constraints. 3. Competitive Rates: Bridge loans in Vanderpool, Texas, come with competitive interest rates, ensuring cost-effective financing solutions for borrowers. Demographics of Vanderpool, Texas Vanderpool is a small unincorporated community in Bandera County, Texas, with a population of approximately 100 residents. The area is known for its natural beauty, including rolling hills and scenic landscapes. Housing Market in Vanderpool, Texas The housing market in Vanderpool is characterized by a mix of traditional homes and ranch-style properties. The average home price is $250,000, with a steady appreciation rate of 4% annually. Main Attractions in Vanderpool, Texas Vanderpool is home to the Lost Maples State Natural Area, a popular spot for hiking and camping. Additionally, the town is known for its charming bed and breakfasts, offering a tranquil escape for visitors.
Benefits of Bridge Loans in Vanderpool, Texas
