Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ecleto, 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 Ecleto, TX or getting it ready for the market.
Identify the new home you want to buy in Ecleto, 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 Ecleto, 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 Ecleto, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ecleto, 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 Ecleto, 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 Ecleto, 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 Ecleto, 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 Ecleto, 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 Ecleto, Texas offer quick financing solutions for individuals looking to purchase a new home before selling their existing one. This allows for smoother transitions and eliminates the need for contingent offers. Demographics in Ecleto, Texas show a small community with a population that values close-knit relationships. The town has a rich history and a strong sense of community pride. The housing market in Ecleto, Texas is competitive but offers unique opportunities for buyers. With the help of bridge loans, individuals can act fast on desirable properties without the fear of losing out due to delays in selling their current home. Main attractions in Ecleto, Texas include picturesque landscapes, outdoor recreational activities, and a vibrant local culture. Residents enjoy easy access to local parks, historical sites, and community events.
Benefits of Bridge Loans in Ecleto, Texas
