Get Approved at The Lowest Rate
Navigating the process of buying a new home in Slaton, 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 Slaton, TX or getting it ready for the market.
Identify the new home you want to buy in Slaton, 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 Slaton, 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 Slaton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Slaton, 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 Slaton, 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 Slaton, 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 Slaton, 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 Slaton, 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 Slaton, Texas provide a vital financial bridge for homebuyers. These short-term loans help borrowers secure funds quickly, enabling them to buy a new home before selling their existing property. This flexibility can prevent missed opportunities and reduce stress during the buying process. Demographically, Slaton, Texas, boasts a diverse population with a strong sense of community. With a mix of families, young professionals, and retirees, the town offers a welcoming and inclusive environment. The housing market in Slaton is dynamic, presenting opportunities for both buyers and sellers. The housing market in Slaton, Texas, is characterized by a range of property types, from historic homes to new developments. Prices are competitive, making it an attractive location for first-time buyers and investors. With the help of bridge loans, homebuyers can navigate the market with confidence. Some main attractions in Slaton include the West Texas Walk of Fame, the Slaton Harvey House, and the Caprock Winery. These attractions offer a mix of cultural and recreational activities, highlighting the town's rich history and vibrant local scene.
The Benefits of Bridge Loans in Slaton, Texas
