Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lozano, 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 Lozano, TX or getting it ready for the market.
Identify the new home you want to buy in Lozano, 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 Lozano, 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 Lozano, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lozano, 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 Lozano, 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 Lozano, 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 Lozano, 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 Lozano, 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 Lozano offer quick access to funds for homeowners looking to bridge the gap between the purchase of a new home and the sale of their current one. These loans provide financial flexibility, allowing individuals to secure their new property without the stress of waiting for their old home to sell. Lozano, Texas, is a diverse community with a population that reflects the state's rich cultural heritage. The town boasts a mix of Hispanic, Caucasian, and African American residents, creating a vibrant and welcoming atmosphere. The median household income is around $40,000, and the cost of living is relatively affordable compared to larger cities in Texas. The housing market in Lozano is favorable for buyers and investors alike. With a median home price of $150,000, properties are considered reasonably priced. The area's real estate market has shown steady growth over the past few years, making it an attractive option for those looking to invest in residential properties. Some main attractions in and around Lozano include the nearby Laguna Atascosa National Wildlife Refuge, offering opportunities for outdoor activities such as bird watching and hiking. The town also hosts local festivals celebrating its cultural diversity, providing residents with a chance to come together and enjoy traditional music, dance, and food.
Benefits of Bridge Loans in Lozano, Texas
