Get Approved at The Lowest Rate
Navigating the process of buying a new home in Matador, 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 Matador, TX or getting it ready for the market.
Identify the new home you want to buy in Matador, 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 Matador, 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 Matador, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Matador, 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 Matador, 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 Matador, 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 Matador, 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 Matador, 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 a valuable financing option for residents of Matador, Texas. These short-term loans can provide quick access to funds for purchasing a new home before selling an existing property. They help bridge the financial gap between transactions, allowing individuals to seize opportunities without delays. Demographics: Matador, Texas, is a quaint town with a population of around 650 residents. The community has a rich history and a close-knit atmosphere, making it an ideal place for families and retirees looking for a peaceful setting to call home. Housing Market: The housing market in Matador is currently stable, with a mix of historic homes and modern developments. Bridge loans can aid buyers in securing their dream home promptly, as they navigate the buying and selling process smoothly, ensuring a seamless transition. Main Attractions: Matador boasts attractions such as the Motley County Historical Museum, Caprock Canyons State Park, and the annual Matador Cowboy Christmas. Residents enjoy outdoor activities, cultural events, and a sense of community that makes living in Matador truly special.
Benefits of Bridge Loans in Matador, Texas
