Get Approved at The Lowest Rate
Navigating the process of buying a new home in Grandfalls, 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 Grandfalls, TX or getting it ready for the market.
Identify the new home you want to buy in Grandfalls, 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 Grandfalls, 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 Grandfalls, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Grandfalls, 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 Grandfalls, 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 Grandfalls, 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 Grandfalls, 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 Grandfalls, 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 quick financing solutions for homeowners in Grandfalls, Texas. They provide the flexibility needed to bridge the gap between buying a new home before selling the current one. This can help avoid potential delays and allow for a smoother transition. Demographics in Grandfalls, Texas, show a small but tight-knit community with a population of around 300 residents. The area boasts a mix of families and retirees, creating a welcoming and inclusive environment for new residents looking to settle in. The housing market in Grandfalls, Texas, offers a variety of options, from charming historic homes to modern residences. With the median home price below the national average, it presents an affordable opportunity for those looking to invest in real estate or relocate to a peaceful rural setting. While Grandfalls, Texas, may be a small town, it has its share of attractions. Visitors and residents alike can enjoy exploring the stunning landscapes of Big Bend National Park, taking in the local history at the Ward County Museum, or relaxing at the Grandfalls Community Park.
Benefits of Bridge Loans in Grandfalls, Texas