Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mertzon, 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 Mertzon, TX or getting it ready for the market.
Identify the new home you want to buy in Mertzon, 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 Mertzon, 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 Mertzon, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mertzon, 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 Mertzon, 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 Mertzon, 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 Mertzon, 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 Mertzon, 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 Mertzon, Texas offer quick access to funds for homebuyers, bridging the gap between the purchase of a new home and the sale of the existing one. This financial tool provides flexibility, allowing homeowners to make a smooth transition without the stress of timing constraints. Mertzon, Texas, is a vibrant community with a population of approximately 781 residents. The town boasts a rich history, friendly neighborhoods, and a strong sense of community. The area's demographics showcase a mix of families, retirees, and young professionals, creating a diverse and welcoming environment. The housing market in Mertzon is characterized by a balance of traditional single-family homes and modern constructions. With a median home price of $140,000, the market offers affordable housing options for buyers. The real estate market is stable, providing investment opportunities and potential for property value appreciation. Main attractions in Mertzon include the popular Mertzon Deer Fest, celebrating the town's hunting heritage, and the scenic Spring Creek Park, offering outdoor recreational activities such as fishing and picnicking. The vibrant local shops and restaurants add to the charm of the town, making it a desirable place to live and visit.
Bridge Loans in Mertzon, Texas
