Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sierra Blanca, 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 Sierra Blanca, TX or getting it ready for the market.
Identify the new home you want to buy in Sierra Blanca, 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 Sierra Blanca, 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 Sierra Blanca, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sierra Blanca, 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 Sierra Blanca, 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 Sierra Blanca, 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 Sierra Blanca, 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 Sierra Blanca, 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 offer quick access to funds for buyers in Sierra Blanca, Texas, allowing them to secure a new property before selling their current one. This helps avoid the stress of coordinating sale and purchase timelines. Sierra Blanca, Texas, boasts a diverse population with a rich cultural heritage. With a blend of Hispanic, Native American, and Anglo influences, the demographics of the area create a unique and vibrant community. The housing market in Sierra Blanca is characterized by a mix of traditional single-family homes and spacious ranch-style properties. The affordability of homes in the area makes it an attractive option for first-time buyers and families looking to settle down. Some main attractions in Sierra Blanca include the stunning Guadalupe Mountains National Park, known for its hiking trails and scenic vistas. Additionally, visitors can explore the historic Sierra Blanca Depot Museum to learn about the area's rich history and culture.
Benefits of Bridge Loans in Sierra Blanca, Texas