Get Approved at The Lowest Rate
Navigating the process of buying a new home in Marfa, 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 Marfa, TX or getting it ready for the market.
Identify the new home you want to buy in Marfa, 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 Marfa, 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 Marfa, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Marfa, 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 Marfa, 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 Marfa, 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 Marfa, 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 Marfa, 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 Marfa, Texas offer numerous benefits for both individuals and businesses. These short-term loans provide quick access to funds for purchasing a new property while waiting for the current one to sell. They can also be used to finance renovations, cover closing costs, or consolidate debt. Bridge loans typically have flexible terms and fast approval processes, making them a popular choice for real estate transactions in the Marfa area. Marfa, Texas, a charming town in the high desert of West Texas, boasts a diverse population of around 2,000 residents. The town attracts artists, retirees, and tourists alike with its vibrant art scene, eclectic shops, and stunning natural landscapes. The demographic makeup of Marfa reflects its artistic community and welcoming atmosphere, making it a unique place to live and visit. The housing market in Marfa, Texas, offers a mix of historic adobe homes, modern residences, and unique architectural gems. With its affordable housing prices compared to larger urban areas, Marfa presents an attractive option for first-time homebuyers, investors, and those looking for a peaceful retreat. The market is characterized by low inventory levels, competitive pricing, and steady demand, making it a favorable environment for both buyers and sellers. Main attractions in Marfa include the iconic Prada Marfa art installation, the Chinati Foundation showcasing contemporary art in a former military base, and the mysterious Marfa Lights phenomenon. The town also hosts cultural events, music festivals, and outdoor activities in the stunning backdrop of the Chihuahuan Desert. With its blend of art, culture, and natural beauty, Marfa offers a unique lifestyle experience for residents and visitors alike.
Bridge Loans in Marfa, Texas
