Bridge Loans: Your Key to Seamless Home Transitions in Francitas, TX

Navigating the process of buying a new home in Francitas, 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.

How Our Bridge Loans Work in Francitas, TX

1

Prepare and List Your Home for Sale

Start by listing your current home for sale in Francitas, TX or getting it ready for the market.

2

Find and Purchase Your New Home

Identify the new home you want to buy in Francitas, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.

3

Benefit from No Down Payment

Our bridge loan program in Francitas, TX often does not require a down payment, freeing you from the need to come up with additional funds.

4

Sell Your Current Home

After your current home sells, we use the profits in Francitas, TX to pay down the bridge loan balance, including any accrued interest.

5

Refinance to a Permanent Mortgage

Finally, we help you refinance into a traditional permanent mortgage in Francitas, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.

Key Benefits of Our Bridge Loan Program

1. No Down Payment Required

Many of our bridge loans in Francitas, TX do not require a down payment, making it easier for you to transition to your new home.

2. Simplified Qualification

You don’t need to qualify for both mortgage payments simultaneously.

3. Deferred Payments

Bridge loan payments in Francitas, TX may be deferred, meaning no payments are due while you are using the bridge loan.

4. No Prepayment Penalties

You can pay off the bridge loan early without any penalties.

Why Choose Horizon Lending Services?

Our bridge loan in Francitas, 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 Francitas, TX to permanent mortgage financing, making the process as smooth as possible for you.

Horizon Lending Services – Your Partner in Home Financing Solutions

Ready to make your move? Contact us today to get started!

Benefits of Bridge Loans in Francitas, Texas

Bridge loans in Francitas, Texas offer numerous benefits to individuals looking to buy a new property before selling their existing one. These short-term loans provide quick access to funds for down payments, enabling buyers to secure their dream homes without the stress of a contingent offer.

Demographically, Francitas is a small, tight-knit community in Texas with a population of approximately 208 residents. The town boasts a peaceful atmosphere and a strong sense of community, making it an ideal place for families and retirees looking for a tranquil living environment.

The housing market in Francitas is characterized by a mix of charming single-family homes and picturesque rural properties. With the help of Bridge Loans, prospective buyers can take advantage of the affordable housing options in the area and invest in real estate with great potential for value appreciation.

Main attractions in Francitas include its proximity to outdoor recreational areas like the San Bernard National Wildlife Refuge and the Gulf Coast beaches. Residents can enjoy nature walks, fishing, and other outdoor activities in the beautiful surroundings of Francitas, making it a desirable location for nature enthusiasts and outdoor lovers.

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