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Navigating the process of buying a new home in Salineno, 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 Salineno, TX or getting it ready for the market.
Identify the new home you want to buy in Salineno, 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 Salineno, 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 Salineno, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Salineno, 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 Salineno, 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 Salineno, 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 Salineno, 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 Salineno, 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 Salineno, Texas offer unique advantages for homebuyers. They provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This flexibility allows buyers to make a competitive offer on a new home without being contingent on selling their current one first. Salineno, Texas, a small community located along the Rio Grande, boasts a diverse demographic mix. With a population of around 200 residents, the town offers a close-knit community feel. The area is known for its rich cultural heritage, with a significant percentage of the population being of Hispanic descent. The housing market in Salineno is favorable for buyers interested in bridge loans. The median home value in the area is affordable, making it an attractive option for those looking to invest in a new property. The availability of bridge loans can facilitate quick transactions and provide financial flexibility for homebuyers. While Salineno may be a small town, it offers a range of attractions for residents and visitors. Outdoor enthusiasts can enjoy activities such as birdwatching, fishing, and hiking along the nearby river. The town's proximity to natural reserves and parks makes it a popular destination for nature lovers and wildlife enthusiasts.
Benefits of Bridge Loans in Salineno, Texas
