Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pecan Gap, 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 Pecan Gap, TX or getting it ready for the market.
Identify the new home you want to buy in Pecan Gap, 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 Pecan Gap, 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 Pecan Gap, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pecan Gap, 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 Pecan Gap, 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 Pecan Gap, 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 Pecan Gap, 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 Pecan Gap, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions, especially in competitive housing markets like Pecan Gap. They provide flexibility in purchasing a new home before selling the current one, helping buyers secure their dream homes without the need to wait for the sale of their existing property. Demographics: Pecan Gap, Texas, has a small-town charm with a population of approximately 200 residents. The community is known for its friendly atmosphere and close-knit neighborhood feel, making it an ideal place for families and individuals looking for a peaceful living environment. Housing Market: The housing market in Pecan Gap offers a mix of historic and modern homes. With the median home price below the national average, the area presents affordable housing opportunities for first-time homebuyers and those looking to invest in real estate. Main Attractions: Pecan Gap is surrounded by scenic views and outdoor recreational opportunities. The nearby parks and rivers provide residents with options for hiking, fishing, and enjoying nature. Additionally, the town hosts local events and festivals that celebrate its rich history and community spirit.
Bridge Loans Benefits in Pecan Gap, Texas
