Get Approved at The Lowest Rate
Navigating the process of buying a new home in Medina, 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 Medina, TX or getting it ready for the market.
Identify the new home you want to buy in Medina, 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 Medina, 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 Medina, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Medina, 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 Medina, 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 Medina, 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 Medina, 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 Medina, 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 Medina, Texas offer a valuable opportunity for homebuyers looking to transition seamlessly from their current home to a new property. These short-term loans provide quick financing to bridge the gap between the purchase of a new home before the sale of the current one, preventing the need for a contingent offer. Demographics: Medina, Texas, is a charming small town with a population of approximately X, situated in X County. The community is known for its friendly residents, strong community spirit, and diverse cultural heritage, making it an attractive place to call home. Housing Market: The housing market in Medina, Texas, is robust and diverse, offering a range of property types from cozy ranch-style homes to modern townhouses. The median home price is approximately $X, with a steady appreciation rate, making it a sound investment for potential buyers. Main Attractions: In addition to its real estate appeal, Medina boasts scenic natural attractions such as the picturesque X River and X Park, perfect for outdoor enthusiasts. The town's rich history is reflected in its X Museum and historic downtown district, offering a glimpse into its past.
The Benefits of Bridge Loans in Medina, Texas
