Get Approved at The Lowest Rate
Navigating the process of buying a new home in Toyahvale, 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 Toyahvale, TX or getting it ready for the market.
Identify the new home you want to buy in Toyahvale, 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 Toyahvale, 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 Toyahvale, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Toyahvale, 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 Toyahvale, 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 Toyahvale, 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 Toyahvale, 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 Toyahvale, 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 Toyahvale, Texas offer numerous benefits for homeowners looking to secure new property before selling their current one. These types of loans provide short-term financing that bridges the gap between the sale of the old property and the purchase of a new one. This allows homeowners to avoid the stress of timing their transactions perfectly. Demographics: Toyahvale, Texas, is a small but vibrant community with a population of around 100 residents. The town boasts a close-knit community feel, making it an ideal place for families looking to settle down in a peaceful and picturesque environment. Housing Market: The housing market in Toyahvale, Texas, is characterized by a mix of traditional single-family homes and spacious ranch-style properties. The real estate market in this area is relatively stable, offering a range of affordable options for prospective buyers. Main Attractions: One of the main attractions in Toyahvale is the famous Balmorhea State Park, home to the largest spring-fed swimming pool in the world. The park attracts visitors from far and wide who come to enjoy the crystal-clear waters and stunning natural surroundings.
Benefits of Bridge Loans in Toyahvale, Texas
