Get Approved at The Lowest Rate
Navigating the process of buying a new home in Salt Flat, 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 Salt Flat, TX or getting it ready for the market.
Identify the new home you want to buy in Salt Flat, 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 Salt Flat, 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 Salt Flat, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Salt Flat, 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 Salt Flat, 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 Salt Flat, 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 Salt Flat, 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 Salt Flat, 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!
Salt Flat, Texas offers a unique opportunity for individuals seeking bridge loans. These short-term loans provide flexibility for homebuyers, allowing them to purchase a new home before selling their current one. This can be especially advantageous in a competitive market like Salt Flat, enabling buyers to secure their dream home without delays. Demographics: Salt Flat has a diverse population, with a mix of young professionals, families, and retirees. The community prides itself on its friendly atmosphere and strong sense of belonging. The town's proximity to urban centers like El Paso also attracts individuals looking for a peaceful retreat with easy access to city amenities. Housing Market: The housing market in Salt Flat is robust, with a range of properties available to suit different preferences and budgets. Bridge loans can give buyers a competitive edge, as they can make strong offers without contingencies. This is crucial in a market where homes sell quickly, ensuring that buyers don't miss out on their ideal property. Main Attractions: Salt Flat boasts stunning natural beauty, with attractions like Guadalupe Mountains National Park and the Salt Flats themselves. Outdoor enthusiasts can enjoy hiking, birdwatching, and stargazing in this picturesque setting. Additionally, the town hosts cultural events and festivals that showcase its rich heritage and community spirit.
Benefits of Bridge Loans in Salt Flat, Texas
