Get Approved at The Lowest Rate
Navigating the process of buying a new home in Uvalde, 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 Uvalde, TX or getting it ready for the market.
Identify the new home you want to buy in Uvalde, 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 Uvalde, 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 Uvalde, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Uvalde, 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 Uvalde, 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 Uvalde, 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 Uvalde, 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 Uvalde, 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 Uvalde, Texas offer a flexible financing option for individuals looking to purchase a new home before selling their existing one. This type of loan provides short-term funding that bridges the gap between the sale of your current home and the purchase of a new one, helping you secure your dream home without the stress of timing constraints. Demographically, Uvalde, Texas, boasts a diverse population with a mix of cultures and backgrounds. With a strong sense of community, residents enjoy a high quality of life, excellent schools, and a range of recreational facilities. The city's population is steadily growing, attracting individuals and families looking for a peaceful yet vibrant place to live. In terms of the housing market, Uvalde, Texas, offers a mix of affordable and luxury homes to cater to various preferences. The market is competitive yet stable, with steady appreciation rates making it an attractive investment opportunity. Bridge loans can provide an edge in this market, allowing buyers to act quickly and confidently in securing a property before it's off the market. Main attractions in Uvalde include the breathtaking Garner State Park, known for its crystal-clear Frio River perfect for camping and outdoor activities. The city also boasts the Uvalde Memorial Park, where residents can enjoy picnics, fishing, and community events, fostering a sense of togetherness among its inhabitants.
Benefits of Bridge Loans in Uvalde, Texas
