Get Approved at The Lowest Rate
Navigating the process of buying a new home in Harlingen, 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 Harlingen, TX or getting it ready for the market.
Identify the new home you want to buy in Harlingen, 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 Harlingen, 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 Harlingen, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Harlingen, 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 Harlingen, 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 Harlingen, 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 Harlingen, 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 Harlingen, 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 Harlingen offer a valuable solution for homebuyers who need temporary financing to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide quick access to funds, allowing buyers to secure their new home without being contingent on selling their existing one. Demographics Harlingen, Texas, is a vibrant city known for its diverse population and strong community spirit. The city has a mix of residents from various ethnic backgrounds, creating a rich cultural tapestry. With a growing economy and a range of job opportunities, Harlingen attracts people looking for a high quality of life. Housing Market The housing market in Harlingen offers a range of affordable options for homebuyers. With a steady demand for housing, properties in Harlingen provide good investment potential. Bridge loans help buyers take advantage of these opportunities by providing the necessary financial support to secure their dream home. Main Attractions Harlingen boasts a variety of attractions, including the Iwo Jima Memorial Monument, the Harlingen Arts and Heritage Museum, and the World Birding Center. The city is also known for its lively downtown area, with a mix of shops, restaurants, and entertainment venues, making it a desirable place to live for residents of all ages.
Benefits of Bridge Loans in Harlingen, Texas