Get Approved at The Lowest Rate
Navigating the process of buying a new home in Eagle Pass, 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 Eagle Pass, TX or getting it ready for the market.
Identify the new home you want to buy in Eagle Pass, 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 Eagle Pass, 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 Eagle Pass, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Eagle Pass, 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 Eagle Pass, 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 Eagle Pass, 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 Eagle Pass, 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 Eagle Pass, 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 Eagle Pass, Texas offer numerous benefits to individuals seeking temporary financing to bridge the gap between the purchase of a new property and the sale of an existing one. These loans provide quick access to capital, allowing borrowers to secure their new home without having to wait for the sale of their current property. Eagle Pass, Texas, has a diverse population with a rich cultural heritage. The town is known for its friendly community, affordable cost of living, and strong sense of community spirit. The demographic makeup includes a mix of Hispanic, Caucasian, and Native American residents, contributing to its vibrant and inclusive atmosphere. The housing market in Eagle Pass, Texas, offers a range of options for potential homeowners. With a variety of affordable housing units, from cozy apartments to spacious single-family homes, the market caters to the needs of individuals and families of different sizes. The real estate market is stable, making it an attractive location for both buyers and sellers. Eagle Pass, Texas, boasts several main attractions that appeal to residents and visitors alike. The town is known for its picturesque landscapes, outdoor recreational activities, and historical sites. From the scenic Rio Grande River to the vibrant downtown area, Eagle Pass offers a unique blend of natural beauty and cultural charm.
Bridge Loans in Eagle Pass, Texas
