Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cameron, 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 Cameron, TX or getting it ready for the market.
Identify the new home you want to buy in Cameron, 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 Cameron, 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 Cameron, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cameron, 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 Cameron, 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 Cameron, 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 Cameron, 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 Cameron, 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 can provide quick access to funds for homeowners in Cameron, Texas, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This can be especially beneficial in a competitive housing market, enabling individuals to secure their dream home without waiting for their current property to sell. Cameron, Texas, with a population of approximately 5,500 residents, offers a charming small-town atmosphere with a rich history. The community is known for its friendly locals, affordable cost of living, and strong sense of community spirit, making it an attractive place to live and raise a family. The housing market in Cameron, Texas, is relatively stable, with a mix of historic homes and modern properties available at affordable prices compared to larger urban areas. Bridge loans can be a valuable tool for buyers looking to make a move quickly in this market, allowing them to seize opportunities as they arise. Some of the main attractions in Cameron, Texas, include the historic downtown area, which features unique shops, restaurants, and cultural venues. Residents can also enjoy outdoor activities at nearby parks and recreational areas, making it a great place for those who appreciate a blend of small-town charm and natural beauty.
Benefits of Bridge Loans in Cameron, Texas
