Bridge Loans: Your Key to Seamless Home Transitions in Asherton, TX

Navigating the process of buying a new home in Asherton, 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.

How Our Bridge Loans Work in Asherton, TX

1

Prepare and List Your Home for Sale

Start by listing your current home for sale in Asherton, TX or getting it ready for the market.

2

Find and Purchase Your New Home

Identify the new home you want to buy in Asherton, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.

3

Benefit from No Down Payment

Our bridge loan program in Asherton, TX often does not require a down payment, freeing you from the need to come up with additional funds.

4

Sell Your Current Home

After your current home sells, we use the profits in Asherton, TX to pay down the bridge loan balance, including any accrued interest.

5

Refinance to a Permanent Mortgage

Finally, we help you refinance into a traditional permanent mortgage in Asherton, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.

Key Benefits of Our Bridge Loan Program

1. No Down Payment Required

Many of our bridge loans in Asherton, TX do not require a down payment, making it easier for you to transition to your new home.

2. Simplified Qualification

You don’t need to qualify for both mortgage payments simultaneously.

3. Deferred Payments

Bridge loan payments in Asherton, TX may be deferred, meaning no payments are due while you are using the bridge loan.

4. No Prepayment Penalties

You can pay off the bridge loan early without any penalties.

Why Choose Horizon Lending Services?

Our bridge loan in Asherton, 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 Asherton, TX to permanent mortgage financing, making the process as smooth as possible for you.

Horizon Lending Services – Your Partner in Home Financing Solutions

Ready to make your move? Contact us today to get started!

The Benefits of Bridge Loans in Asherton, Texas

Bridge loans offer a quick and flexible financing solution for homebuyers in Asherton, Texas. These short-term loans can help bridge the gap between the purchase of a new home and the sale of a current residence. This can be especially beneficial in competitive real estate markets where timing is crucial.

Asherton, Texas, with a population of approximately 625 residents, is a close-knit community with a rich cultural heritage. The town boasts a diverse population, with a mix of young families and retirees contributing to its vibrant atmosphere. The friendly locals and strong community spirit make Asherton a welcoming place to call home.

The housing market in Asherton, Texas, is characterized by a range of affordable housing options, from cozy single-family homes to spacious ranch-style properties. With a median home price below the national average, Asherton presents an excellent opportunity for homebuyers looking for affordability without compromising on quality.

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