Get Approved at The Lowest Rate
Navigating the process of buying a new home in Avoca, 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 Avoca, TX or getting it ready for the market.
Identify the new home you want to buy in Avoca, 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 Avoca, 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 Avoca, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Avoca, 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 Avoca, 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 Avoca, 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 Avoca, 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 Avoca, 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 provide a crucial financial solution for homebuyers in Avoca, Texas, offering short-term funding to bridge the gap between the purchase of a new home and the sale of an existing property. This flexibility allows buyers to secure their dream home without being contingent on selling their current one, ensuring a smoother and faster transaction process. Demographics: Avoca, Texas, is a charming small town with a population of around 600 residents. The community boasts a mix of families, retirees, and young professionals, creating a diverse and welcoming atmosphere. The town’s close-knit community values local traditions and events, making it an ideal place to settle down and raise a family. Housing Market: Avoca, Texas, offers a range of housing options, from historic homes with character to modern new constructions. The housing market is stable, with a steady increase in property values over the years. Bridge loans play a crucial role in this market by enabling buyers to act quickly on desirable properties and secure competitive offers. Main Attractions: Avoca, Texas, is known for its picturesque countryside views, outdoor recreational activities, and thriving local businesses. Residents can enjoy hiking and biking trails, local wineries, and annual community events that celebrate the town’s rich history and culture. With its small-town charm and scenic beauty, Avoca offers a peaceful retreat for residents and visitors alike.
Benefits of Bridge Loans in Avoca, Texas
