Get Approved at The Lowest Rate
Navigating the process of buying a new home in Aransas Pass, 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 Aransas Pass, TX or getting it ready for the market.
Identify the new home you want to buy in Aransas Pass, 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 Aransas Pass, 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 Aransas Pass, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Aransas Pass, 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 Aransas Pass, 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 Aransas Pass, 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 Aransas Pass, 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 Aransas Pass, 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 in Aransas Pass, Texas offer a quick financing option for homebuyers enabling them to purchase a new home before selling their current one. This can prevent the need for temporary housing and expedite the buying process. Demographics: Aransas Pass, TX, has a population of approximately 9,000 residents, with a median age of 39. The city boasts a diverse community with a mix of families, retirees, and young professionals. Housing Market: The housing market in Aransas Pass is vibrant, with a range of property types available. The median home value is around $160,000, making it an attractive option for both first-time buyers and those looking for investment opportunities. Main Attractions: Aransas Pass is known for its stunning coastal location, offering opportunities for fishing, boating, and water sports. The city is also home to attractions like the Aransas Pass Aquatic Center and the Conn Brown Harbor.
Bridge Loans in Aransas Pass, Texas
