Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tahoka, 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 Tahoka, TX or getting it ready for the market.
Identify the new home you want to buy in Tahoka, 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 Tahoka, 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 Tahoka, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tahoka, 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 Tahoka, 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 Tahoka, 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 Tahoka, 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 Tahoka, 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 Tahoka, Texas offer several key benefits for homeowners. One primary advantage is the ability to quickly access funds to facilitate the purchase of a new home before selling their current one. This can help avoid potential delays and ensure a smoother transition between properties. Demographically, Tahoka boasts a diverse population with a mix of families, professionals, and retirees. The city's affordable cost of living and strong sense of community make it an attractive destination for individuals seeking a peaceful yet vibrant lifestyle in West Texas. In terms of the housing market, Tahoka offers a range of options from cozy single-family homes to spacious ranch-style properties. The market is stable with steady appreciation rates, making it an ideal location for both first-time homebuyers and investors looking for long-term growth potential. Main attractions in Tahoka include the historic Lynn County Courthouse, the charming downtown area with unique shops and restaurants, and the nearby recreational opportunities at Lake Alan Henry for fishing and boating enthusiasts.
Benefits of Bridge Loans in Tahoka, Texas
