Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sutherland Springs, 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 Sutherland Springs, TX or getting it ready for the market.
Identify the new home you want to buy in Sutherland Springs, 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 Sutherland Springs, 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 Sutherland Springs, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sutherland Springs, 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 Sutherland Springs, 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 Sutherland Springs, 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 Sutherland Springs, 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 Sutherland Springs, 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 financing solutions for homeowners in Sutherland Springs, Texas, bridging the gap between the purchase of a new home and the sale of an existing one. This allows for smooth transitions without the pressure of timing constraints. Demographics Sutherland Springs boasts a tight-knit community with a population primarily consisting of families and retirees. The town embraces a rural lifestyle, offering a peaceful retreat from the hustle and bustle of city living. Housing Market In Sutherland Springs, the housing market is characterized by a mix of traditional single-family homes and spacious properties. The market is stable, with affordable options available for both buyers and renters, making it an attractive location for those seeking a serene living environment. Main Attractions Despite its small size, Sutherland Springs has its charm, with attractions such as the beautiful countryside, local parks, and cultural events that celebrate the town's rich heritage. Residents can enjoy outdoor activities and community gatherings that foster a strong sense of camaraderie.
Benefits of Bridge Loans in Sutherland Springs, Texas