Get Approved at The Lowest Rate
Navigating the process of buying a new home in Falfurrias, 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 Falfurrias, TX or getting it ready for the market.
Identify the new home you want to buy in Falfurrias, 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 Falfurrias, 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 Falfurrias, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 offer a convenient financing option for homeowners in Falfurrias, Texas, providing quick access to funds for purchasing a new home before selling their current one. This can prevent the need for a contingency clause in the sale, making their offer more attractive to sellers. Demographics in Falfurrias show a diverse community with a population of approximately 5,000 residents. The town has a rich cultural heritage, with a mix of Hispanic, White, and other ethnic groups contributing to its vibrancy and unique identity. The housing market in Falfurrias is characterized by a variety of options, from historic homes with architectural charm to modern developments. Bridge loans can help buyers take advantage of this market by providing flexibility in purchasing decisions. Main attractions in Falfurrias include the renowned Heritage Museum, showcasing the town's history and culture, and the nearby Santa Ynez Ranch, offering outdoor activities and scenic views. Bridge loans can aid in financing a home close to these attractions.
The Benefits of Bridge Loans in Falfurrias, Texas
