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Navigating the process of buying a new home in Atascosa, 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 Atascosa, TX or getting it ready for the market.
Identify the new home you want to buy in Atascosa, 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 Atascosa, 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 Atascosa, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Atascosa, 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 Atascosa, 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 Atascosa, 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 Atascosa, 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 Atascosa, 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 Atascosa, Texas offer a range of benefits to both buyers and sellers. These short-term loans provide immediate funding for purchasing a new home before selling the current one, allowing for a smoother transition without the need for contingencies. Demographically, Atascosa County has a population of approximately 51,000 residents, with a median household income of $54,519. The county offers a mix of suburban and rural settings, making it an ideal location for those seeking a balance between city amenities and country living. In terms of the housing market, Atascosa, Texas, presents diverse options with a median home value of $168,700. The market is relatively stable, offering a range of properties from single-family homes to larger estates, catering to various budget and lifestyle needs. Some main attractions in Atascosa include the Pleasanton River Park, where residents can enjoy outdoor activities such as fishing and picnicking. Additionally, the Longhorn Museum showcases the area's rich history and agricultural heritage, providing educational and recreational opportunities for visitors.
Benefits of Bridge Loans in Atascosa, Texas
