Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tornillo, 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 Tornillo, TX or getting it ready for the market.
Identify the new home you want to buy in Tornillo, 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 Tornillo, 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 Tornillo, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tornillo, 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 Tornillo, 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 Tornillo, 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 Tornillo, 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 Tornillo, 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 provide a convenient financing option for Tornillo residents looking to purchase a new home before selling their existing one. These short-term loans offer quick access to funds, helping individuals bridge the gap between selling and buying a property. Demographics in Tornillo, Texas, show a diverse community with a mix of Hispanic and non-Hispanic residents. The town has a close-knit feel, with a population that values community involvement and local events. The housing market in Tornillo is currently experiencing growth, with new developments and renovations popping up throughout the area. Bridge loans play a vital role in facilitating these transactions, making it easier for buyers to secure their dream homes. Some main attractions in Tornillo include the Tornillo Land Port of Entry, which serves as a key transportation hub for the region. Additionally, the nearby Hueco Tanks State Park offers outdoor enthusiasts a chance to explore historical rock art and enjoy hiking and rock climbing activities.
Benefits of Bridge Loans in Tornillo, Texas
