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Navigating the process of buying a new home in Orla, 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 Orla, TX or getting it ready for the market.
Identify the new home you want to buy in Orla, 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 Orla, 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 Orla, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orla, 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 Orla, 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 Orla, 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 Orla, 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 Orla, 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 Orla, Texas offer a valuable financial tool for those looking to purchase a new home before selling their current one. It provides short-term financing to bridge the gap between the sale of the existing property and the purchase of a new one, allowing homeowners to secure their dream home quickly. Orla, Texas, is a small but close-knit community with a population of around 200 residents. The town boasts a rich history and a strong sense of community spirit, making it an ideal place for families and individuals looking for a peaceful and welcoming environment to call home. The housing market in Orla, Texas, is currently experiencing steady growth, with property values steadily increasing over the past few years. The availability of bridge loans has made it easier for buyers to take advantage of the rising market trends and secure desirable properties in this charming town. Main attractions in Orla include the stunning landscapes of the nearby Guadalupe Mountains National Park, offering outdoor enthusiasts a wealth of hiking, camping, and scenic vistas to explore. Additionally, the town's proximity to popular West Texas attractions like Big Bend National Park and the vibrant city of El Paso makes it a perfect base for experiencing all that the region has to offer.
The Benefits of Bridge Loans in Orla, Texas
