Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Perlita, 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 Perlita, TX or getting it ready for the market.
Identify the new home you want to buy in San Perlita, 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 Perlita, 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 Perlita, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Perlita, 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 Perlita, 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 Perlita, 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 Perlita, 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 Perlita, 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 San Perlita, Texas offer a flexible financing option for homebuyers who need to bridge the gap between the purchase of a new home and the sale of their current one. This allows buyers to secure the new property without waiting for the sale of the old one, providing financial flexibility and convenience. San Perlita, a small town in Texas, has a diverse demographic profile with a mix of families, professionals, and retirees. The community is known for its friendly atmosphere and strong sense of community, making it an ideal place for individuals looking for a close-knit neighborhood to call home. The housing market in San Perlita offers a range of options, from charming single-family homes to spacious ranch-style properties. With competitive prices compared to nearby urban areas, San Perlita provides an affordable housing market for both first-time buyers and those looking to invest in real estate. While San Perlita may be a quiet town, it boasts several main attractions that draw visitors and residents alike. From scenic parks and outdoor recreational areas to local shops and restaurants showcasing the town's unique charm, there is no shortage of activities to enjoy in this hidden gem of Texas.
The Benefits of Bridge Loans in San Perlita, Texas
