Get Approved at The Lowest Rate
Navigating the process of buying a new home in Brownsville, 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 Brownsville, TX or getting it ready for the market.
Identify the new home you want to buy in Brownsville, 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 Brownsville, 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 Brownsville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brownsville, 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 Brownsville, 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 Brownsville, 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 Brownsville, 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 Brownsville, 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 offer the flexibility needed to secure a new property in Brownsville while waiting to sell an existing one. They provide quick access to funds, enabling homeowners to make competitive offers and close deals faster. Demographically, Brownsville is a diverse city with a rich cultural heritage. With a growing population of over 183,000 residents, the city offers a vibrant community with a mix of cultures, including Mexican and American influences. The housing market in Brownsville is currently experiencing steady growth, making it an attractive investment opportunity. With a median home price of $131,000, the market is relatively affordable, attracting both first-time buyers and investors looking for potential appreciation. Some of the main attractions in Brownsville include the Gladys Porter Zoo, known for its conservation efforts and diverse animal exhibits. The Historic Brownsville Museum offers a glimpse into the city's past, while the Palo Alto Battlefield National Historical Park provides opportunities for outdoor recreation and learning.
Benefits of Bridge Loans in Brownsville, Texas
