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Navigating the process of buying a new home in Bayside, 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 Bayside, TX or getting it ready for the market.
Identify the new home you want to buy in Bayside, 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 Bayside, 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 Bayside, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bayside, 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 Bayside, 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 Bayside, 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 Bayside, 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 Bayside, 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 Bayside, Texas offer a convenient short-term financing option, allowing homeowners to transition smoothly between buying a new home and selling their current one. They provide flexibility in timing, enabling borrowers to secure their dream home without being contingent on selling their existing property first. Demographics: Bayside, Texas, is a charming coastal town with a population of approximately 300 residents. The community is known for its small-town feel, friendly locals, and strong sense of community spirit. The town boasts a diverse mix of residents, including families, retirees, and young professionals. Housing Market: Bayside's housing market is characterized by a mix of historic homes, modern estates, and waterfront properties. The market is stable, with steady growth in property values over the years. Bridge loans play a vital role in facilitating real estate transactions in Bayside, providing homeowners with the financial means to capitalize on investment opportunities. Main Attractions: Bayside offers a range of attractions, including picturesque beaches, scenic parks, and vibrant local eateries. Residents can enjoy recreational activities like fishing, boating, and hiking. The town's proximity to Corpus Christi and its amenities adds to the appeal of living in Bayside.
Bridge Loans in Bayside, Texas
