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Navigating the process of buying a new home in Lasara, 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 Lasara, TX or getting it ready for the market.
Identify the new home you want to buy in Lasara, 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 Lasara, 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 Lasara, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lasara, 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 Lasara, 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 Lasara, 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 Lasara, 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 Lasara, 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 offer short-term financing solutions for individuals looking to purchase a new home before selling their existing one. In Lasara, Texas, this can be particularly advantageous due to the competitive housing market and the potential to secure a new property quickly. Demographics: Lasara, Texas, has a diverse population with a mix of families, young professionals, and retirees. The community is known for its tight-knit feel and welcoming atmosphere, making it an ideal place to settle down and raise a family. Housing Market: The housing market in Lasara is dynamic, with a range of property types available, from single-family homes to condominiums. Bridge loans can help buyers navigate this market by providing the necessary funds to secure a new home while waiting to sell their current one. Main Attractions: In Lasara, residents can enjoy the beauty of the surrounding landscape, including parks, hiking trails, and outdoor recreational areas. The town also boasts cultural attractions such as museums, galleries, and local festivals that showcase the rich heritage of the area.
Benefits of Bridge Loans in Lasara, Texas