Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rio Grande City, 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 Rio Grande City, TX or getting it ready for the market.
Identify the new home you want to buy in Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, 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 offer immediate financing for short-term needs, ideal for buyers awaiting the sale of their current home while wanting to purchase a new property in Rio Grande City. These loans provide flexibility and quick access to funds without disrupting the property acquisition process. Demographics: Rio Grande City boasts a diverse population with a rich cultural heritage. The city has a strong Hispanic influence, with a blend of Mexican and American traditions. The community is vibrant and welcoming, offering a unique living experience for residents of all backgrounds. Housing Market: The housing market in Rio Grande City is growing steadily, with a range of property options from historic homes to modern developments. Bridge loans can help individuals take advantage of investment opportunities and secure their dream home in this thriving real estate market. Main Attractions: Rio Grande City offers a mix of natural beauty and cultural attractions. From exploring the stunning Falcon State Park to delving into the city's history at the La Borde House, residents can enjoy a blend of outdoor adventures and enriching experiences in this vibrant Texas city.
The Benefits of Bridge Loans in Rio Grande City, Texas
