Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Ygnacio, 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 Ygnacio, TX or getting it ready for the market.
Identify the new home you want to buy in San Ygnacio, 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 Ygnacio, 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 Ygnacio, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Ygnacio, 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 Ygnacio, 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 Ygnacio, 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 Ygnacio, 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 Ygnacio, 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 Ygnacio offer borrowers a fast and flexible financing option to bridge the gap between the purchase of a new property and the sale of an existing one. This type of loan can provide immediate funds for a down payment, allowing individuals to secure their new home without having to wait for their current property to sell. San Ygnacio, Texas, is a small and vibrant community located in Zapata County. With a population of around 650 residents, the town boasts a rich cultural heritage and a strong sense of community. The demographics of San Ygnacio are predominantly Hispanic, and the town is known for its warm and welcoming atmosphere. The housing market in San Ygnacio offers a mix of historic homes and modern properties, making it an attractive location for both residents and investors. The median home price in the area is affordable, making homeownership achievable for many individuals and families. Bridge loans can help buyers take advantage of the diverse housing options available in this charming town. Some of the main attractions in San Ygnacio include the historic Casa Consistorial and the San Ygnacio Historic District. Visitors can explore the town's rich history through its well-preserved architecture and cultural sites. Additionally, outdoor enthusiasts can enjoy activities such as birdwatching and fishing along the nearby Rio Grande river.
Benefits of Bridge Loans in San Ygnacio, Texas
