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Navigating the process of buying a new home in Crystal City, 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 Crystal City, TX or getting it ready for the market.
Identify the new home you want to buy in Crystal City, 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 Crystal City, 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 Crystal City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crystal City, 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 Crystal City, 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 Crystal City, 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 Crystal City, 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 Crystal City, 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 Crystal City, Texas offer numerous benefits for homebuyers and sellers. These short-term loans provide financing to bridge the gap between the purchase of a new home and the sale of the current one. This allows for quick acquisitions and flexibility in real estate transactions. Demographics: Crystal City, Texas is a diverse community with a population that reflects the rich heritage of the region. The town is home to a vibrant mix of cultures, including Hispanic, Anglo, and indigenous populations. This diversity adds a unique cultural flavor to the area, making it a welcoming and inclusive place to live. Housing Market: The housing market in Crystal City, Texas, offers a range of options for buyers and sellers. With the help of bridge loans, individuals can take advantage of the competitive real estate market in the area. The town boasts a mix of historic homes, modern developments, and rural properties, catering to various preferences and budgets. Main Attractions: Crystal City, Texas, is known for its scenic beauty and outdoor recreational opportunities. Residents and visitors can enjoy activities such as hiking, fishing, and birdwatching in the surrounding natural landscapes. Additionally, the town is home to cultural attractions like museums and local festivals that showcase the area's history and traditions.
Benefits of Bridge Loans in Crystal City, Texas