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Navigating the process of buying a new home in Anahuac, 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 Anahuac, TX or getting it ready for the market.
Identify the new home you want to buy in Anahuac, 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 Anahuac, 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 Anahuac, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Anahuac, 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 Anahuac, 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 Anahuac, 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 Anahuac, 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 Anahuac, 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 offer a convenient financing option for homebuyers in Anahuac, Texas. These short-term loans can help bridge the gap between the purchase of a new home and the sale of an existing one, providing financial flexibility and avoiding missed opportunities. Demographics in Anahuac, Texas, showcase a diverse community with a growing population. The city is known for its welcoming atmosphere, making it an attractive place for families and professionals alike. Strong community ties and cultural diversity enrich the local lifestyle. The housing market in Anahuac, Texas, is promising for both buyers and sellers. With a range of property options from historic homes to modern developments, there is something for everyone. Bridge loans can facilitate quick transactions in a competitive market, giving buyers an edge. Anahuac, Texas, boasts a variety of main attractions, including the Chambers County Courthouse, Anahuac National Wildlife Refuge, and Fort Anahuac Park. Residents and visitors can enjoy outdoor activities, historical sites, and community events that showcase the city's charm.
Benefits of Bridge Loans in Anahuac, Texas