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Navigating the process of buying a new home in Coyanosa, 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 Coyanosa, TX or getting it ready for the market.
Identify the new home you want to buy in Coyanosa, 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 Coyanosa, 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 Coyanosa, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Coyanosa, 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 Coyanosa, 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 Coyanosa, 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 Coyanosa, 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 Coyanosa, 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 Coyanosa, Texas offer significant benefits to homebuyers, allowing for seamless transitions between properties. These short-term loans can help cover down payments, ensuring buyers can secure new homes without having to sell their current one first. Coyanosa, Texas, a small town with a population of around 150 people, boasts a tight-knit community atmosphere perfect for families and individuals looking for a peaceful lifestyle. The town has a diverse demographic, with a mix of young families and retirees enjoying the rural setting. The housing market in Coyanosa is stable, with a range of affordable properties available for buyers. Bridge loans in Coyanosa are especially useful in this market, as they provide buyers with the flexibility needed to purchase their dream home while waiting for their previous property to sell. While Coyanosa may be a small town, it offers various attractions such as outdoor recreational activities like hiking and fishing, as well as local shops and restaurants that showcase the town's unique charm. Residents can enjoy a relaxed pace of life while still having access to essential amenities.
Bridge Loans in Coyanosa, Texas
