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Navigating the process of buying a new home in Riviera, 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 Riviera, TX or getting it ready for the market.
Identify the new home you want to buy in Riviera, 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 Riviera, 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 Riviera, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Riviera, 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 Riviera, 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 Riviera, 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 Riviera, 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 Riviera, 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 Riviera, Texas offer numerous benefits for individuals looking to buy a new home before selling their current one. These loans provide flexibility and quick access to funds, allowing buyers to secure their dream home without waiting for their existing property to sell. Demographically, Riviera is a vibrant community located in Kleberg County with a population of approximately 700 residents. The town boasts a diverse population, with a mix of families, retirees, and young professionals, creating a close-knit and welcoming environment. The housing market in Riviera is stable with a variety of properties available to suit different preferences and budgets. With the help of bridge loans, buyers can take advantage of the competitive market and secure attractive properties that meet their needs, whether it's a cozy family home or a spacious waterfront retreat. Main attractions in Riviera include beautiful beaches along Baffin Bay, perfect for fishing and water sports enthusiasts. Additionally, the King Ranch Museum offers a glimpse into the area's rich history and cultural heritage, making it a popular destination for locals and tourists alike.
Benefits of Bridge Loans in Riviera, Texas
