Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fort Hancock, 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 Fort Hancock, TX or getting it ready for the market.
Identify the new home you want to buy in Fort Hancock, 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 Fort Hancock, 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 Fort Hancock, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fort Hancock, 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 Fort Hancock, 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 Fort Hancock, 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 Fort Hancock, 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 Fort Hancock, 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 Fort Hancock, Texas provide a crucial financial solution for homeowners who are looking to buy a new home before selling their current one. These short-term loans offer quick access to funds, allowing individuals to make a down payment on a new home before closing the sale of their existing property. This flexibility eliminates the need to rush the selling process and potentially settle for a lower price. Demographics: Fort Hancock, Texas, is a small town with a population of approximately 1,700 residents. The community is close-knit, and the area is known for its friendly atmosphere and strong sense of community spirit. The town's demographics primarily consist of working-class families and retirees looking for a peaceful place to call home. Housing Market: The housing market in Fort Hancock offers a mix of single-family homes, ranch-style properties, and spacious vacant lots for new construction. The real estate market is relatively stable, with affordable housing options compared to neighboring cities. Bridge loans play a vital role in helping residents secure their dream homes without the stress of selling their current property first. Main Attractions: Despite its small size, Fort Hancock boasts several attractions that draw visitors and residents alike. The town is known for its scenic natural beauty, including nearby hiking trails, parks, and wildlife reserves. Additionally, historical sites like Fort Hancock Museum offer insight into the area's rich cultural heritage.
Benefits of Bridge Loans in Fort Hancock, Texas
