Get Approved at The Lowest Rate
Navigating the process of buying a new home in Weslaco, 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 Weslaco, TX or getting it ready for the market.
Identify the new home you want to buy in Weslaco, 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 Weslaco, 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 Weslaco, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weslaco, 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 Weslaco, 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 Weslaco, 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 Weslaco, 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 Weslaco, 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 Weslaco, Texas offer the benefit of providing quick financing to bridge the gap between the purchase of a new home and the sale of your current one. This can help homeowners secure their dream homes without having to wait for their existing property to sell. Demographics in Weslaco, Texas show a vibrant community with a diverse population. The city attracts people from various backgrounds, creating a rich cultural tapestry. Weslaco is known for its friendly residents and strong community spirit. The housing market in Weslaco, Texas is dynamic with a range of properties available to suit different budgets and preferences. The area offers both affordable housing options and upscale properties, making it an attractive location for homebuyers. Main attractions in Weslaco, Texas include beautiful parks, historical landmarks, and shopping districts. The city is home to the Estero Llano Grande State Park, as well as the Weslaco Museum, offering residents and visitors plenty of opportunities for recreation and exploration.
Benefits of Bridge Loans in Weslaco, Texas
