Get Approved at The Lowest Rate
Navigating the process of buying a new home in Coahoma, 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 Coahoma, TX or getting it ready for the market.
Identify the new home you want to buy in Coahoma, 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 Coahoma, 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 Coahoma, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Coahoma, 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 Coahoma, 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 Coahoma, 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 Coahoma, 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 Coahoma, 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 Coahoma, Texas offer immediate financial support to bridge the gap between the purchase of a new home and the sale of an existing one. This type of loan provides flexibility and quick access to funds, allowing homeowners to secure their dream home without delays or missed opportunities. Coahoma, Texas, with a population of approximately 1,000 residents, boasts a diverse and close-knit community. The town's demographic makeup includes a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere for all residents. The housing market in Coahoma, Texas, is characterized by a range of options, from historic homes to modern developments. With competitive prices and a steady appreciation rate, investing in real estate in Coahoma is a smart choice, offering long-term stability and growth potential. Coahoma, Texas, is home to various main attractions, including the Coahoma Country Club, known for its picturesque golf course and family-friendly amenities. The town also offers outdoor recreational opportunities at the Coahoma City Park, making it an ideal destination for nature lovers and outdoor enthusiasts.
Benefits of Bridge Loans in Coahoma, Texas
