Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rio Medina, 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 Medina, TX or getting it ready for the market.
Identify the new home you want to buy in Rio Medina, 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 Medina, 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 Medina, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rio Medina, 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 Medina, 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 Medina, 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 Medina, 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 Medina, 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 Rio Medina, Texas offer a convenient financial solution for homeowners who are looking to purchase a new home before selling their existing one. These short-term loans provide quick access to funds, allowing individuals to secure their new property without the stress of waiting for their old home to sell. Demographics in Rio Medina, Texas show a diverse community with a mix of rural and suburban characteristics. The area boasts a rich cultural heritage, with a population that values community involvement and a strong sense of belonging. Residents enjoy a peaceful lifestyle surrounded by natural beauty. The housing market in Rio Medina, Texas is dynamic and competitive. With a variety of housing options available, from cozy suburban homes to luxurious estates, there is something for every homebuyer. The market is stable, making it an attractive location for both first-time buyers and seasoned investors. Main attractions in Rio Medina, Texas include the scenic Medina River, perfect for water activities and relaxation. The area is also home to charming local shops, delicious restaurants serving authentic Texan cuisine, and parks ideal for outdoor adventures. Residents and visitors alike are drawn to the area's unique blend of nature and culture.
Benefits of Bridge Loans in Rio Medina, Texas
