Get Approved at The Lowest Rate
Navigating the process of buying a new home in Montalba, 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 Montalba, TX or getting it ready for the market.
Identify the new home you want to buy in Montalba, 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 Montalba, 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 Montalba, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Montalba, 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 Montalba, 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 Montalba, 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 Montalba, 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 Montalba, 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 Montalba, Texas offer numerous benefits to homebuyers and sellers in need of quick financing solutions. These short-term loans bridge the gap between the purchase of a new home and the sale of an existing property, providing homebuyers with the flexibility to move forward with confidence. Demographics: Montalba, Texas, is a small, close-knit community with a population of approximately XXXX residents. The town boasts a rich history and a strong sense of community spirit, making it an ideal place for families and individuals seeking a peaceful, friendly environment. Housing Market: Montalba's housing market is diverse, offering a range of properties from historic homes to modern developments. The availability of bridge loans has made it easier for buyers to access these housing options, driving growth and investment in the local real estate market. Main Attractions: In addition to its charming residential areas, Montalba is home to several main attractions that draw visitors from near and far. The picturesque Montalba Park, renowned for its scenic walking trails and family-friendly amenities, is a favorite spot for outdoor enthusiasts and nature lovers.
Benefits of Bridge Loans in Montalba, Texas