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Navigating the process of buying a new home in Santa Elena, 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 Santa Elena, TX or getting it ready for the market.
Identify the new home you want to buy in Santa Elena, 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 Santa Elena, 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 Santa Elena, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Elena, 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 Santa Elena, 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 Santa Elena, 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 Santa Elena, 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 Santa Elena, 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 Santa Elena, Texas provide a valuable financial solution for individuals looking to purchase a new property before selling their existing one. These loans offer short-term financing, allowing homeowners to bridge the gap between transactions and avoid missing out on their dream home. Santa Elena, Texas, boasts a diverse demographic mix with a strong sense of community. The population consists of a blend of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere for residents. The housing market in Santa Elena is characterized by a mix of traditional single-family homes, modern apartments, and charming townhouses. With affordable price points and a variety of housing options, Santa Elena presents opportunities for both first-time buyers and seasoned investors. Some of the main attractions in Santa Elena include the picturesque Santa Elena Canyon, known for its breathtaking views and popular hiking trails. Additionally, the town offers a range of outdoor activities such as fishing, birdwatching, and camping, making it an ideal destination for nature lovers and outdoor enthusiasts.
Bridge Loans in Santa Elena, Texas