Get Approved at The Lowest Rate
Navigating the process of buying a new home in Geronimo, 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 Geronimo, TX or getting it ready for the market.
Identify the new home you want to buy in Geronimo, 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 Geronimo, 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 Geronimo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Geronimo, 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 Geronimo, 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 Geronimo, 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 Geronimo, 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 Geronimo, 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 Geronimo, Texas offer a valuable financing solution for individuals looking to buy a new home before selling their existing property. These loans provide quick access to funds, bridging the financial gap during the transition period and allowing homeowners to secure their dream home without delays. Geronimo, Texas, a small charming town located in Guadalupe County, has a population of approximately 1,000 residents. With a rich history and a strong sense of community, Geronimo offers a peaceful and serene environment for families and retirees alike. The town boasts a diverse population with a mix of cultural backgrounds, making it a welcoming and inclusive place to call home. The housing market in Geronimo, Texas, is thriving, with a mix of historic homes and newer developments. The average home price in Geronimo is competitive compared to nearby cities, making it an attractive option for first-time homebuyers and those looking to upgrade their living spaces. The market is stable, with steady appreciation rates, making it a sound investment for buyers seeking long-term value. Geronimo, Texas, offers a range of unique attractions, including Geronimo Museum, where visitors can explore the town's history and heritage. Outdoor enthusiasts can enjoy activities such as hiking and fishing at nearby Lake Placid, while food lovers can savor delicious Texan cuisine at local eateries. With its peaceful ambiance and recreational opportunities, Geronimo is a hidden gem waiting to be discovered.
Benefits of Bridge Loans in Geronimo, Texas
