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Navigating the process of buying a new home in La Feria, 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 La Feria, TX or getting it ready for the market.
Identify the new home you want to buy in La Feria, 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 La Feria, 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 La Feria, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Feria, 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 La Feria, 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 La Feria, 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 La Feria, 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 La Feria, 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!
Benefits of Bridge Loans: Bridge loans in La Feria provide quick financing solutions for buyers looking to purchase a new home before selling their current one, offering flexibility and convenience during the transition. Demographics: La Feria, Texas, has a diverse population with a mix of families, professionals, and retirees. The town has a close-knit community feel and is known for its cultural events and festivals celebrating its Hispanic heritage. Housing Market: La Feria's housing market offers a range of options from historic homes to modern developments. The market is competitive, with a good balance of affordable and higher-end properties, making it an attractive location for buyers. Main Attractions: Some of the main attractions in La Feria include the Texas Conjunto Music Hall, the Santa Ana National Wildlife Refuge, and the La Feria Nature Center, providing residents with opportunities for entertainment, nature exploration, and cultural experiences.
Bridge Loans in La Feria, Texas