Get Approved at The Lowest Rate
Navigating the process of buying a new home in Zapata, 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 Zapata, TX or getting it ready for the market.
Identify the new home you want to buy in Zapata, 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 Zapata, 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 Zapata, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Zapata, 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 Zapata, 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 Zapata, 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 Zapata, 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 Zapata, 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 Zapata, Texas offer a convenient financial solution for individuals who are looking to buy a new home before selling their existing one. These loans bridge the gap between the sale of the current property and the purchase of a new one, providing flexibility and ensuring a smooth transition without the need for immediate full payment. This benefit allows homeowners to secure their dream home without being constrained by the sale process of their current property. Zapata, Texas, situated along the Rio Grande, boasts a diverse population with a rich cultural heritage. The demographics of Zapata include a mix of Hispanic, Caucasian, and Native American residents, creating a vibrant community with a strong sense of tradition and pride. The town's population is known for its friendly demeanor and warm hospitality, making it an inviting place to call home. The housing market in Zapata, Texas, offers a range of attractive options for potential buyers. With a mix of historic homes, modern developments, and spacious properties, individuals can find residences that suit their preferences and budget. The market is known for its affordability compared to other areas in Texas, making it an appealing choice for first-time buyers, families, and retirees looking for a peaceful yet vibrant place to live. Zapata, Texas, is home to several main attractions that showcase the town's natural beauty and cultural significance. From the stunning Falcon State Park, known for its picturesque lake and recreational activities, to the Zapata County Museum, which offers insights into the area's history and heritage, there is no shortage of places to explore and enjoy in this charming town.
Benefits of Bridge Loans in Zapata, Texas
