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Navigating the process of buying a new home in Sandia, 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 Sandia, TX or getting it ready for the market.
Identify the new home you want to buy in Sandia, 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 Sandia, 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 Sandia, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sandia, 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 Sandia, 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 Sandia, 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 Sandia, 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 Sandia, 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 Sandia, Texas offer a convenient financing solution for homeowners looking to purchase a new property before selling their existing home. These loans bridge the gap between the sale of one property and the purchase of another, providing flexibility and liquidity to the borrower during the transition period. Demographically, Sandia, Texas boasts a diverse population with a mix of families, professionals, and retirees. The town's welcoming community spirit and close-knit neighborhoods make it an ideal place for families to settle down. With a range of amenities and services, residents of Sandia enjoy a high quality of life. In terms of the housing market, Sandia offers an array of housing options, from cozy single-family homes to spacious ranch-style properties. The market is stable, with steady appreciation rates and a healthy inventory of homes for sale. Bridge loans provide homebuyers with the flexibility to capitalize on favorable market conditions and secure their dream home. Some of the main attractions in Sandia include the picturesque Lake Corpus Christi State Park, where residents can enjoy recreational activities such as hiking, fishing, and camping. Additionally, the town's vibrant downtown area features local shops, restaurants, and cultural events, adding to the charm of this quaint Texas town.
Benefits of Bridge Loans in Sandia, Texas
