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Navigating the process of buying a new home in Mirando City, 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 Mirando City, TX or getting it ready for the market.
Identify the new home you want to buy in Mirando City, 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 Mirando City, 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 Mirando City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mirando City, 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 Mirando City, 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 Mirando City, 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 Mirando City, 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 Mirando City, 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 Mirando City provide a convenient short-term financing option for homeowners looking to purchase a new home before selling their current one. This allows for a smoother transition between properties without the stress of waiting for the sale of the old home. Mirando City, Texas, has a diverse population with a mix of cultures, creating a vibrant community. The area boasts a rich history and is known for its friendly residents and strong sense of community, making it an ideal place to live and raise a family. The housing market in Mirando City is competitive, with a range of options available for buyers. The market is stable, and property values have been increasing steadily, making it a favorable location for real estate investment. Some of the main attractions in Mirando City include its beautiful parks, local eateries serving delicious Texan cuisine, and recreational activities such as hiking and fishing. Residents can also enjoy cultural events and festivals that showcase the town's unique heritage.
Benefits of Bridge Loans in Mirando City, Texas