Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fort Stockton, 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 Stockton, TX or getting it ready for the market.
Identify the new home you want to buy in Fort Stockton, 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 Stockton, 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 Stockton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fort Stockton, 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 Stockton, 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 Stockton, 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 Stockton, 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 Stockton, 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 Stockton provide a convenient financing option for individuals looking to purchase a new home before selling their current one. This can help avoid the stress of timing the sale of one property with the purchase of another. Demographics in Fort Stockton show a diverse community with a mix of families, professionals, and retirees. The city's population is around 8,000 residents, offering a tight-knit community feel with plenty of local amenities. The housing market in Fort Stockton is stable, with a range of housing options from single-family homes to apartments. The median home value is competitive, making it an attractive location for both buyers and investors. Some of the main attractions in Fort Stockton include the Annie Riggs Memorial Museum, the Historic Old Pecos County Jail, and the Comanche Springs Swimming Pool. Outdoor enthusiasts can also enjoy the nearby Big Bend National Park for hiking and exploration.
Benefits of Bridge Loans in Fort Stockton, Texas
