Get Approved at The Lowest Rate
Navigating the process of buying a new home in Yoakum, 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 Yoakum, TX or getting it ready for the market.
Identify the new home you want to buy in Yoakum, 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 Yoakum, 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 Yoakum, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Yoakum, 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 Yoakum, 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 Yoakum, 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 Yoakum, 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 Yoakum, 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 Yoakum, Texas offer a flexible and convenient financing option for individuals looking to purchase a new home before selling their existing one. These loans provide quick access to funds, allowing buyers to secure their new property without the limitations of waiting for their current home to sell. Demographics Yoakum, Texas has a diverse population with a mix of young families, professionals, and retirees. The city boasts a strong sense of community, with residents enjoying a high quality of life and access to excellent schools, healthcare facilities, and recreational opportunities. The housing market in Yoakum, Texas is dynamic and varied, offering a range of property types to suit different preferences and budgets. With a growing demand for housing in the area, property values are on the rise, making it an attractive location for real estate investments. Yoakum, Texas is known for its charming downtown area, historical sites, and annual events that celebrate the city's rich cultural heritage. Residents and visitors can enjoy outdoor activities, shopping, dining, and family-friendly entertainment options throughout the year.
Benefits of Bridge Loans in Yoakum, Texas
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