Get Approved at The Lowest Rate
Navigating the process of buying a new home in Saltillo, 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 Saltillo, TX or getting it ready for the market.
Identify the new home you want to buy in Saltillo, 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 Saltillo, 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 Saltillo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Saltillo, 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 Saltillo, 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 Saltillo, 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 Saltillo, 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 Saltillo, 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 Saltillo, Texas offer a flexible financing option for those looking to buy a new home before selling their current one. This allows homeowners to avoid the stress of timing issues related to overlapping mortgages. Demographically, Saltillo, Texas is a small town with a tight-knit community. The population is diverse, with a mix of families, retirees, and young professionals. The town also boasts a low crime rate and excellent schools. In terms of the housing market, Saltillo offers a range of options from historic homes to modern builds. The market is stable, with moderate appreciation rates, making it an attractive investment opportunity for buyers looking to settle down in a family-friendly town. Saltillo, Texas, may be small, but it has plenty to offer. Main attractions include scenic parks, local shops, and cultural events that celebrate the town's history and heritage. Residents can enjoy a relaxed pace of life while still being within easy reach of larger cities.
Benefits of Bridge Loans in Saltillo, Texas
