Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mission, 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 Mission, TX or getting it ready for the market.
Identify the new home you want to buy in Mission, 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 Mission, 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 Mission, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mission, 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 Mission, 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 Mission, 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 Mission, 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 Mission, 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: Bridge loans provide quick financing solutions that bridge the gap between buying a new property and selling an existing one. In Mission, Texas, these loans offer flexibility in real estate transactions, allowing homeowners to secure funds for a new house while awaiting the sale of their current property. Demographics: Mission, Texas, is a vibrant city with a diverse population. The community is made up of individuals from various cultural backgrounds, creating a rich tapestry of traditions and customs. The city has a growing economy, providing residents with ample job opportunities and a high quality of life. Housing Market: The housing market in Mission, Texas, is thriving, making it an attractive location for property investment. With a range of residential options available, from single-family homes to condominiums, buyers can find a property that suits their needs. Bridge loans facilitate the buying and selling process, making it easier for individuals to navigate the competitive real estate market in Mission. Main Attractions: Mission, Texas, boasts a variety of attractions for residents and visitors alike. From the historic La Lomita Mission to the scenic Bentsen-Rio Grande Valley State Park, there are plenty of opportunities to explore the city's rich history and natural beauty. Additionally, the city offers a vibrant arts and cultural scene, with events and festivals held throughout the year.
Benefits of Bridge Loans in Mission, Texas
