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Navigating the process of buying a new home in Anderson, 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 Anderson, TX or getting it ready for the market.
Identify the new home you want to buy in Anderson, 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 Anderson, 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 Anderson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Anderson, 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 Anderson, 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 Anderson, 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 Anderson, 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 Anderson, 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 Anderson, Texas offer a flexible and convenient financing solution for homebuyers. These loans provide the ability to purchase a new home before selling the current one, preventing the need for a contingency offer and allowing for a smoother transition between properties. Demographics in Anderson, Texas show a diverse community with a mix of professions and age groups. The population enjoys a strong sense of community and a range of amenities, including parks, schools, and shopping centers, making it an attractive location for families and individuals alike. The housing market in Anderson, Texas is characterized by steady growth and a balanced supply of homes. The area offers a mix of housing options, from quaint suburban homes to spacious ranch-style properties, catering to a variety of preferences and budgets.
Benefits of Bridge Loans in Anderson, Texas
