Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bigfoot, 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 Bigfoot, TX or getting it ready for the market.
Identify the new home you want to buy in Bigfoot, 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 Bigfoot, 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 Bigfoot, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bigfoot, 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 Bigfoot, 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 Bigfoot, 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 Bigfoot, 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 Bigfoot, 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 Bigfoot, Texas offer a convenient short-term financing solution for individuals looking to purchase a new home before selling their current one. This can help avoid the stress of timing mismatches and allows for a smoother transition between properties. Demographics Bigfoot, Texas, located in Frio County, has a population of around 400 residents. The community is known for its rich cultural diversity, with a mix of Hispanic and Anglo residents contributing to a vibrant local atmosphere. Housing Market The housing market in Bigfoot, Texas, is characterized by a mix of traditional single-family homes and spacious ranch-style properties. With a median home value below the national average, Bigfoot presents affordable housing options for buyers seeking a tranquil rural setting. Main Attractions Bigfoot, Texas, boasts attractions such as Bigfoot Park, a popular spot for picnics and outdoor activities. The area's proximity to the Gulf Coast and various historical sites like the Frio Pioneer Jail Museum make it an ideal destination for nature lovers and history enthusiasts alike.
Benefits of Bridge Loans in Bigfoot, Texas
