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Navigating the process of buying a new home in Sarita, 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 Sarita, TX or getting it ready for the market.
Identify the new home you want to buy in Sarita, 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 Sarita, 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 Sarita, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sarita, 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 Sarita, 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 Sarita, 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 Sarita, 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 Sarita, 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!
Benefits Bridge loans in Sarita, Texas, offer quick access to funds, bridging the gap between the purchase of a new property and the sale of an existing one. This can help in securing a new home without having to sell the current one first. Demographics Sarita, Texas, boasts a diverse population with a mix of cultures and backgrounds. The community is known for its tight-knit feel, where neighbors often come together for events and celebrations. Housing Market The housing market in Sarita, Texas, is thriving, with a range of affordable options for both buyers and renters. It's a great time to invest in the local real estate market due to its steady growth and potential for lucrative returns. Main Attractions From its picturesque parks to cultural landmarks, Sarita, Texas, offers a variety of attractions for residents and visitors alike. Explore the local cuisine, enjoy outdoor activities, or discover the rich history of the area.
Benefits of Bridge Loans in Sarita, Texas