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Navigating the process of buying a new home in Concan, 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 Concan, TX or getting it ready for the market.
Identify the new home you want to buy in Concan, 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 Concan, 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 Concan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Concan, 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 Concan, 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 Concan, 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 Concan, 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 Concan, 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 Concan, Texas offer a valuable financing option for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one. They provide flexibility and quick access to funds, enabling buyers to secure their dream home without delays. Demographics: Concan, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The community values a close-knit environment, excellent schools, and a strong sense of local pride. With a growing economy and job opportunities, Concan is an attractive place to live and work. Housing Market: The housing market in Concan, Texas, is robust and offers a range of options for buyers. From charming single-family homes to luxurious estates, there is something for everyone. Bridge loans provide buyers with the flexibility to act quickly in this competitive market and secure their desired property. Main Attractions: Concan, Texas, is known for its stunning natural beauty, including the Frio River and Garner State Park. Outdoor enthusiasts can enjoy activities like hiking, fishing, and camping. The area also offers unique shops, delicious local cuisine, and a vibrant arts and culture scene.
The Benefits of Bridge Loans in Concan, Texas
