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Navigating the process of buying a new home in Tuleta, 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 Tuleta, TX or getting it ready for the market.
Identify the new home you want to buy in Tuleta, 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 Tuleta, 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 Tuleta, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tuleta, 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 Tuleta, 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 Tuleta, 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 Tuleta, 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 Tuleta, 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 option for individuals looking to buy a new home before selling their current property. In Tuleta, Texas, this can be particularly advantageous due to the competitive real estate market. These loans provide quick access to funds, enabling buyers to secure their new home without having to wait for their old property to sell. Demographics: Tuleta, Texas, is a small community with a population of approximately 300 residents. The town has a rural feel, making it an ideal location for those seeking a peaceful and close-knit community. The majority of residents in Tuleta are families and retirees attracted to the quiet charm of the town. Housing Market: The housing market in Tuleta, Texas, offers a mix of single-family homes and ranch-style properties. With the demand for housing on the rise, property values have been steadily increasing. Bridge loans can help buyers take advantage of favorable market conditions and secure a property before prices escalate further. Main Attractions: Despite its small size, Tuleta boasts several attractions for residents and visitors. The town is known for its beautiful parks and outdoor recreational opportunities, making it a great place for nature lovers. Additionally, Tuleta's close proximity to larger cities like San Antonio and Corpus Christi provides residents with easy access to a range of amenities and entertainment options.
Benefits of Bridge Loans in Tuleta, Texas
