Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cotulla, 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 Cotulla, TX or getting it ready for the market.
Identify the new home you want to buy in Cotulla, 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 Cotulla, 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 Cotulla, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cotulla, 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 Cotulla, 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 Cotulla, 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 Cotulla, 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 Cotulla, 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 Cotulla offer numerous advantages for those seeking temporary financial assistance when buying a new home before selling their current one. These loans provide quick access to funds allowing buyers to bridge the gap between purchase and sale, preventing delays in acquiring their dream home. Cotulla, Texas, boasts a diverse demographic mix with a population that values community and togetherness. The city's residents enjoy a strong sense of unity, creating a welcoming environment for new residents and businesses looking to establish roots in a vibrant and growing community. The housing market in Cotulla is dynamic, with a range of affordable options available for buyers. Bridge loans facilitate the process of purchasing property in a competitive market, giving buyers the flexibility and financial leverage needed to secure their desired home quickly and efficiently. Some of the main attractions in Cotulla include the historic Cactus Hotel, the vibrant Downtown District with its unique shops and restaurants, and the beautiful parks and outdoor spaces that offer residents and visitors a chance to connect with nature and enjoy the city's scenic beauty.
Benefits of Bridge Loans in Cotulla, Texas
