Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alamo, 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 Alamo, TX or getting it ready for the market.
Identify the new home you want to buy in Alamo, 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 Alamo, 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 Alamo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alamo, 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 Alamo, 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 Alamo, 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 Alamo, 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 Alamo, 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 Alamo, Texas offer numerous benefits for individuals looking to transition smoothly from one home to another. These short-term loans provide quick access to funds, allowing borrowers to purchase a new home before selling their current property. This eliminates the need for contingent offers and ensures a faster closing process. Demographically, Alamo, Texas is a vibrant city with a diverse population. The community is known for its strong sense of unity and support for local businesses. The cost of living is relatively affordable, making it an attractive option for both young professionals and families looking to settle down. The housing market in Alamo, Texas is showing promising signs of growth. With a steady increase in property values and a high demand for housing, now is a great time to invest in real estate in this area. Bridge loans provide the financial flexibility needed to take advantage of the booming market and secure your dream home. Some of the main attractions in Alamo, Texas include the historic Alamo Mission, which attracts visitors from around the world. The city also boasts beautiful parks, cultural events, and a thriving dining scene. With easy access to major highways and a strong sense of community, Alamo offers a high quality of life for its residents.
Benefits of Bridge Loans in Alamo, Texas
