Get Approved at The Lowest Rate
Navigating the process of buying a new home in Canutillo, 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 Canutillo, TX or getting it ready for the market.
Identify the new home you want to buy in Canutillo, 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 Canutillo, 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 Canutillo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Canutillo, 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 Canutillo, 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 Canutillo, 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 Canutillo, 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 Canutillo, 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 Canutillo offer quick financing solutions for homebuyers looking to purchase a new home before selling their existing one. These loans provide flexibility and enable buyers to seize opportunities in the competitive real estate market without having to wait. Demographically, Canutillo, Texas, is a growing community with a diverse population. The area is known for its strong sense of community and welcoming atmosphere. The average household income is increasing, reflecting the area's economic growth and development. The housing market in Canutillo is vibrant, with a variety of properties available for sale. Bridge loans help stimulate the market by allowing buyers to make quick offers, facilitating faster transactions and benefiting both buyers and sellers. The real estate market in Canutillo is competitive, making bridge loans a valuable tool for homebuyers. Some of the main attractions in Canutillo include its proximity to outdoor activities such as hiking and biking trails. The area also boasts cultural attractions like museums and historic sites. With its growing economy and close-knit community, Canutillo offers a high quality of life for residents and visitors alike.
Benefits of Bridge Loans in Canutillo, Texas
