Get Approved at The Lowest Rate
Navigating the process of buying a new home in Raymondville, 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 Raymondville, TX or getting it ready for the market.
Identify the new home you want to buy in Raymondville, 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 Raymondville, 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 Raymondville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Raymondville, 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 Raymondville, 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 Raymondville, 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 Raymondville, 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 Raymondville, 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 Raymondville, Texas offer: quick access to funds, enabling homeowners to purchase a new property before selling their current one; flexibility in repayment terms, providing borrowers with convenience and ease in managing finances during the transition period; and competitive interest rates, making the loan a cost-effective solution for short-term financing needs. Raymondville, Texas, with a population of around 11,000, boasts a diverse community with a rich cultural heritage. The median household income in the area is $30,862, and the majority of residents own their homes, reflecting a stable and growing real estate market. The housing market in Raymondville, Texas, offers a mix of affordable single-family homes, townhouses, and apartments, catering to a range of housing needs. With a median home value of $66,100, the market presents opportunities for both buyers and sellers, making it an attractive destination for those seeking a quality lifestyle at an affordable price. Some main attractions in Raymondville include the Willacy County Regional Park, offering outdoor recreational activities for families; the Raymondville Golf Course, a popular venue for golf enthusiasts; and the World Birding Center in nearby Harlingen, providing opportunities for birdwatching and nature exploration.
Benefits of Bridge Loans in Raymondville, Texas
