Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bogata, 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 Bogata, TX or getting it ready for the market.
Identify the new home you want to buy in Bogata, 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 Bogata, 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 Bogata, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bogata, 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 Bogata, 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 Bogata, 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 Bogata, 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 Bogata, 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 Bogata, Texas offer a flexible financing option for homeowners looking to purchase a new property before selling their current one. This type of loan provides the funds needed to bridge the gap between the sale of the existing home and the purchase of a new one, helping borrowers secure their dream home without delays. Demographics of Bogata, Texas show a diverse population with a strong sense of community. The town has a mix of families, professionals, and retirees, creating a welcoming atmosphere for residents of all ages. With a growing economy and affordable cost of living, Bogata is an attractive place to call home. The housing market in Bogata, Texas is characterized by a range of housing options, from historic homes to modern developments. The market is stable, offering opportunities for both buyers and sellers. With the help of bridge loans, buyers can act quickly on desirable properties, while sellers can confidently list their homes. Main attractions in Bogata, Texas include Lake Bob Sandlin State Park, a popular spot for outdoor enthusiasts offering fishing, hiking, and camping opportunities. The town also boasts charming local shops, eateries, and community events that showcase its vibrant culture. Residents enjoy a high quality of life surrounded by natural beauty and small-town charm.
Benefits of Bridge Loans in Bogata, Texas
