Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tehuacana, 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 Tehuacana, TX or getting it ready for the market.
Identify the new home you want to buy in Tehuacana, 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 Tehuacana, 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 Tehuacana, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tehuacana, 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 Tehuacana, 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 Tehuacana, 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 Tehuacana, 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 Tehuacana, 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 a flexible financing solution for individuals looking to purchase a new home before selling their current property. In Tehuacana, Texas, this type of loan can provide the advantage of quick access to funds, enabling buyers to secure their dream home without waiting for their existing property to sell. Demographically, Tehuacana is a small town with a population of around 277 residents. It offers a tight-knit community feel, making it an ideal place for families and individuals seeking a peaceful and close community bond. In terms of the housing market, Tehuacana boasts affordable real estate prices compared to nearby cities, making it an attractive location for first-time homebuyers or those looking for a change of pace. With the help of bridge loans, potential buyers can navigate the market with ease and seize opportunities as they arise. Main Attractions in Tehuacana:
Benefits of Bridge Loans in Tehuacana, Texas