Get Approved at The Lowest Rate
Navigating the process of buying a new home in Colmesneil, 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 Colmesneil, TX or getting it ready for the market.
Identify the new home you want to buy in Colmesneil, 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 Colmesneil, 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 Colmesneil, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Colmesneil, 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 Colmesneil, 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 Colmesneil, 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 Colmesneil, 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 Colmesneil, 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 a crucial financial solution for homebuyers in Colmesneil, Texas, by providing interim financing to seamlessly bridge the gap between the purchase of a new home and the sale of the current one. Demographics in Colmesneil, Texas, depict a small, tight-knit community with a population that values a quiet, rural lifestyle. The town boasts a mix of age groups, with a substantial portion being families and retirees who appreciate the peaceful surroundings. The housing market in Colmesneil, Texas, offers diverse options ranging from single-family homes to sprawling ranch properties. With the demand for housing on a steady rise, investing in Colmesneil's real estate presents a promising opportunity for both homebuyers and investors. Main attractions in Colmesneil, Texas, include the Allan Shivers Library and Museum, perfect for history buffs, and the Colmesneil Heritage Festival, showcasing the town's rich cultural heritage through food, music, and local crafts.
Benefits of Bridge Loans in Colmesneil, Texas
