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Navigating the process of buying a new home in Mathis, 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 Mathis, TX or getting it ready for the market.
Identify the new home you want to buy in Mathis, 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 Mathis, 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 Mathis, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mathis, 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 Mathis, 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 Mathis, 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 Mathis, 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 Mathis, 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 Mathis, Texas offer numerous benefits to homebuyers and property investors. These short-term loans provide a convenient way to bridge the gap between the purchase of a new property and the sale of an existing one. They offer flexibility in terms of repayment and can help buyers secure their dream home without having to wait for their current property to sell. Demographics: Mathis, Texas, is a diverse community with a population that enjoys a mix of urban and rural living. The town has a strong sense of community and is known for its friendly residents and welcoming atmosphere. The demographics of Mathis reflect a blend of cultures, making it a unique and vibrant place to live. Housing Market: The housing market in Mathis, Texas, is dynamic and offers a range of options for buyers. From cozy single-family homes to spacious ranch properties, there is something for everyone in Mathis. The market is stable, with moderate price growth and a variety of homes available at different price points. Main Attractions: Mathis, Texas, boasts a range of attractions for residents and visitors alike. From exploring Lake Corpus Christi State Park to enjoying local festivals and events, there is always something to do in Mathis. The town's vibrant culture, delicious cuisine, and scenic surroundings make it a charming place to call home.
Benefits of Bridge Loans in Mathis, Texas