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Navigating the process of buying a new home in Los Indios, 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 Los Indios, TX or getting it ready for the market.
Identify the new home you want to buy in Los Indios, 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 Los Indios, 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 Los Indios, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Los Indios, 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 Los Indios, 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 Los Indios, 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 Los Indios, 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 Los Indios, 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 Los Indios, Texas provide a crucial financial lifeline for individuals looking to purchase a new home before selling their existing one. These short-term loans offer immediate funds for a down payment, allowing homeowners to secure their dream home without contingent offers. Demographics in Los Indios, Texas show a diverse community with a mix of families, young professionals, and retirees. The town boasts a close-knit feel with a population that values community events and local businesses, making it an ideal place for families and individuals looking for a tight-knit community. The housing market in Los Indios, Texas is vibrant with a mix of traditional single-family homes, modern condos, and spacious townhouses. With a range of options to choose from, homebuyers can find properties that suit their preferences and budget, making Los Indios an attractive location for both first-time buyers and seasoned investors. Main attractions in Los Indios, Texas include the Los Indios International Bridge, which offers stunning views of the Rio Grande River and easy access to Mexico for shopping and cultural experiences. The town also features beautiful parks, hiking trails, and local eateries, providing residents with ample recreational opportunities and a lively social scene.
Benefits of Bridge Loans in Los Indios, Texas