Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Felipe, 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 San Felipe, TX or getting it ready for the market.
Identify the new home you want to buy in San Felipe, 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 San Felipe, 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 San Felipe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Felipe, 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 San Felipe, 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 San Felipe, 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 San Felipe, 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 San Felipe, 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 offer a convenient short-term financing solution for homebuyers in San Felipe. They enable buyers to secure a new property before selling their current one, avoiding the need to wait for a traditional mortgage approval. San Felipe, a picturesque town in Texas, boasts a diverse demographic mix. With a growing population of professionals and families, the demand for housing options has been on the rise, making bridge loans a popular choice for those seeking swift property transactions. The housing market in San Felipe is dynamic, with a range of properties available, from historic homes to modern developments. Bridge loans provide buyers with the flexibility to capitalize on investment opportunities quickly, ensuring they can secure their dream property in this competitive market. San Felipe offers a blend of historical and modern attractions, including the Stephen F. Austin State Park, which attracts nature enthusiasts, and the San Felipe de Austin State Historic Site, which showcases the town's rich history. With vibrant cultural events and charming local shops, San Felipe is a delightful place to call home.
Benefits of Bridge Loans in San Felipe, Texas
