Get Approved at The Lowest Rate
Navigating the process of buying a new home in Port Aransas, 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 Port Aransas, TX or getting it ready for the market.
Identify the new home you want to buy in Port Aransas, 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 Port Aransas, 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 Port Aransas, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port Aransas, 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 Port Aransas, 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 Port Aransas, 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 Port Aransas, 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 Port Aransas, 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 Port Aransas, Texas offer numerous benefits for homebuyers. These short-term loans provide immediate funding for purchasing a new home before selling the existing one. This can be advantageous for buyers looking to avoid contingent offers and secure their dream home quickly. In terms of demographics, Port Aransas is a charming coastal town with a population of approximately 4,500 residents. Known for its sandy beaches, fishing opportunities, and vibrant community atmosphere, the town attracts both visitors and new residents looking for a relaxed coastal lifestyle. The housing market in Port Aransas is thriving, with a mix of single-family homes, condos, and vacation rentals available. The market offers diverse options for buyers, from modern beachfront properties to cozy cottages. Bridge loans can help buyers navigate this competitive market and close deals promptly. Some of the main attractions in Port Aransas include the pristine Mustang Island State Park, famous for its birdwatching and kayaking opportunities. The town also boasts lively restaurants, shops, and art galleries along the waterfront, providing residents with a vibrant coastal living experience.
Bridge Loans in Port Aransas, Texas
