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Navigating the process of buying a new home in Santa Fe, 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 Fe, TX or getting it ready for the market.
Identify the new home you want to buy in Santa Fe, 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 Fe, 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 Fe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Fe, 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 Fe, 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 Fe, 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 Fe, 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 Fe, 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 Fe, Texas offer numerous benefits to homebuyers. They provide short-term financing that allows buyers to bridge the gap between the purchase of a new home and the sale of their existing one. This can be crucial in a competitive market, enabling buyers to make strong offers without contingency clauses. Demographically, Santa Fe, Texas is a vibrant community with a population of approximately 13,000 residents. The town offers a mix of rural and suburban living, making it an attractive destination for families, retirees, and young professionals alike. The housing market in Santa Fe is diverse, with a range of property types available to suit different needs and budgets. From spacious single-family homes to cozy townhouses, there is something for everyone in this thriving real estate market. Some of the main attractions in Santa Fe include the picturesque hiking trails at Paul Hopkins Park, the historic Heritage Museum, and the vibrant shopping and dining scene in the town center. With its rich cultural heritage and strong sense of community, Santa Fe offers a high quality of life for residents and visitors alike.
Benefits of Bridge Loans in Santa Fe, Texas
