Get Approved at The Lowest Rate
Navigating the process of buying a new home in Port Lavaca, 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 Lavaca, TX or getting it ready for the market.
Identify the new home you want to buy in Port Lavaca, 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 Lavaca, 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 Lavaca, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port Lavaca, 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 Lavaca, 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 Lavaca, 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 Lavaca, 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 Lavaca, 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 Lavaca, Texas offer numerous benefits for homebuyers. These short-term loans provide the flexibility to buy a new home before selling the current one. This can be particularly advantageous in a competitive market where buyers need to act quickly to secure their dream home. Demographically, Port Lavaca is a vibrant coastal city located in Calhoun County, Texas. With a population of around 12,000 residents, the city offers a mix of suburban and rural living. The community is diverse, with a range of age groups represented, making it an attractive place for families, retirees, and young professionals alike. The housing market in Port Lavaca is dynamic, with a variety of options available for buyers. The median home value in the city is affordable, making it an appealing location for first-time buyers and investors. The market is stable, with steady appreciation rates and a range of properties to suit different preferences and budgets. Port Lavaca boasts a range of main attractions that cater to residents and visitors alike. From beautiful beaches and parks to historical sites and cultural venues, there is something for everyone to enjoy. The city's rich history, vibrant community events, and picturesque surroundings make it a desirable place to call home.
Benefits of Bridge Loans in Port Lavaca, Texas
