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Navigating the process of buying a new home in Muleshoe, 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 Muleshoe, TX or getting it ready for the market.
Identify the new home you want to buy in Muleshoe, 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 Muleshoe, 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 Muleshoe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Muleshoe, 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 Muleshoe, 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 Muleshoe, 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 Muleshoe, 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 Muleshoe, 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 Muleshoe, Texas provide a crucial financial bridge for homebuyers, enabling them to purchase a new home before selling their existing one. This flexibility eliminates the stress of timing the sale of one property with the purchase of another. The demographics of Muleshoe, Texas, show a diverse community with a mix of young families, retirees, and professionals. The town boasts a strong sense of community and a low cost of living, making it an attractive place for a variety of individuals looking to establish roots. The housing market in Muleshoe, Texas, is stable with steady appreciation rates. Bridge loans come in handy in a competitive market, allowing buyers to act quickly, secure their dream home, and avoid missing out on opportunities due to delays in selling their current property. Muleshoe, Texas, offers a range of main attractions, including the Muleshoe National Wildlife Refuge, providing opportunities for outdoor enthusiasts to explore nature and wildlife. The town also features historical sites, local eateries, and community events, ensuring there is something for everyone.
Bridge Loans in Muleshoe, Texas
