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Navigating the process of buying a new home in Langtry, 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 Langtry, TX or getting it ready for the market.
Identify the new home you want to buy in Langtry, 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 Langtry, 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 Langtry, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Langtry, 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 Langtry, 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 Langtry, 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 Langtry, 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 Langtry, 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 Langtry, Texas offer several advantages to homeowners. These short-term loans provide quick access to funds, allowing individuals to bridge the gap between the purchase of a new home before selling their existing one. Langtry, Texas, located in Val Verde County, has a diverse population with a mix of different cultures and backgrounds. The town is known for its friendly community and welcoming atmosphere, making it an ideal place to call home. The housing market in Langtry, Texas, is competitive yet offers affordable options for both buying and renting. The town's real estate market is stable, with a steady appreciation in property values over the years, making it a sound investment for potential homeowners. Langtry boasts several main attractions, including the Judge Roy Bean Visitor Center, the Pecos River, and the stunning West Texas landscape. Residents and visitors alike can enjoy outdoor activities such as hiking, camping, and birdwatching in this picturesque region.
Benefits of Bridge Loans in Langtry, Texas