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Navigating the process of buying a new home in Quemado, 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 Quemado, TX or getting it ready for the market.
Identify the new home you want to buy in Quemado, 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 Quemado, 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 Quemado, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Quemado, 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 Quemado, 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 Quemado, 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 Quemado, 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 Quemado, 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 Quemado, Texas offer individuals the flexibility to purchase a new home before selling their current one, providing a smooth transition without the stress of temporary housing. This type of financing can help avoid contingent offers, allowing buyers to secure their dream home without waiting for their existing property to sell. Quemado, Texas, located in Maverick County, has a population of approximately 230 residents. The area boasts a diverse community with a cultural blend of Hispanic and Native American influences. The town is known for its warm community atmosphere and tight-knit neighborhoods, making it an ideal place to raise a family or retire peacefully. The housing market in Quemado, Texas, is characterized by affordable properties and a stable market. With a median home price below the national average, prospective buyers can find attractive real estate opportunities in a tranquil rural setting. Bridge loans can help expedite the home buying process, giving buyers an edge in this competitive market. While in Quemado, visitors can explore nearby attractions such as the stunning Amistad National Recreation Area, known for its picturesque reservoir and outdoor recreational activities. The area also offers hiking trails, fishing spots, and camping grounds, providing plenty of opportunities for nature enthusiasts to appreciate the local landscape.
Benefits of Bridge Loans in Quemado, Texas