Get Approved at The Lowest Rate
Navigating the process of buying a new home in Laredo, 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 Laredo, TX or getting it ready for the market.
Identify the new home you want to buy in Laredo, 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 Laredo, 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 Laredo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Laredo, 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 Laredo, 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 Laredo, 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 Laredo, 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 Laredo, 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 individuals looking to purchase a new property before selling their current one. In Laredo, this can be particularly advantageous due to the city's vibrant real estate market and high demand for properties. Laredo, Texas, has a diverse population with a unique blend of Hispanic and American cultures. The city is known for its rich history, lively festivals, and delicious Tex-Mex cuisine, making it a vibrant place to live and work. The housing market in Laredo is robust, with a steady increase in property values over the past few years. This growth provides a favorable environment for homeowners looking to leverage their assets and secure bridge loans for new investments. Main attractions in Laredo include the historic San Agustin Plaza, the vibrant Outlet Shoppes at Laredo, and the beautiful Lake Casa Blanca International State Park, offering residents and visitors a plethora of recreational and cultural opportunities.
Benefits of Bridge Loans in Laredo, Texas
