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Navigating the process of buying a new home in Van Horn, 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 Van Horn, TX or getting it ready for the market.
Identify the new home you want to buy in Van Horn, 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 Van Horn, 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 Van Horn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Van Horn, 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 Van Horn, 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 Van Horn, 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 Van Horn, 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 Van Horn, 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 Van Horn, Texas offer a valuable financial solution for individuals who are transitioning between the sale of one property and the purchase of another. These short-term loans provide the flexibility to access funds quickly, enabling borrowers to bridge the gap between transactions without missing out on new opportunities in the competitive real estate market. Demographics in Van Horn show a diverse community with a population that values a close-knit community feel. With a mix of young families and retirees, the town offers a unique blend of traditions and modern amenities, making it an attractive place to settle down. The housing market in Van Horn presents a range of opportunities for both buyers and sellers. With a steady increase in property values over the years, investing in real estate in Van Horn can be a sound financial decision. Bridge loans can help buyers secure their dream homes quickly in this evolving market. Van Horn boasts several main attractions, including the stunning landscapes of Guadalupe Mountains National Park, perfect for outdoor enthusiasts. The town's rich western heritage is showcased in the Clark Hotel Museum, providing a glimpse into its history. Additionally, the iconic Prada Marfa art installation draws visitors from far and wide, adding to the town's cultural appeal.
Benefits of Bridge Loans in Van Horn, Texas
