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Navigating the process of buying a new home in Grulla, 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 Grulla, TX or getting it ready for the market.
Identify the new home you want to buy in Grulla, 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 Grulla, 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 Grulla, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Grulla, 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 Grulla, 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 Grulla, 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 Grulla, 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 Grulla, 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 Grulla, Texas offer numerous benefits to borrowers. They provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can help homeowners secure their next home without worrying about timing issues. Additionally, bridge loans often have flexible terms and can be obtained quickly, making them ideal for those in need of immediate funds. Grulla, Texas, is a small town with a rich Hispanic heritage. The demographics of the area show a close-knit community with a mix of families and retirees. The town exudes a friendly atmosphere with a low cost of living, making it an attractive place for those seeking a peaceful lifestyle in a tight-knit community. The housing market in Grulla, Texas, is stable with a variety of housing options available. The median home price is affordable, making it an excellent choice for first-time homebuyers or those looking to invest in real estate. With the help of bridge loans, residents can take advantage of the market and secure their dream home. Some main attractions in Grulla include the nearby Falcon State Park, known for its outdoor activities like fishing and hiking. The town also hosts cultural events celebrating its heritage, providing residents with a chance to connect with their roots and enjoy the local community.
Bridge Loans in Grulla, Texas