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Navigating the process of buying a new home in Anna, 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 Anna, TX or getting it ready for the market.
Identify the new home you want to buy in Anna, 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 Anna, 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 Anna, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Anna, 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 Anna, 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 Anna, 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 Anna, 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 Anna, 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!
Benefits: Bridge loans in Anna, Texas provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This helps homeowners avoid missing out on their dream home and facilitates a smooth transition without being burdened by owning two properties simultaneously. Demographics: Anna, Texas, a charming suburban community, has experienced significant growth in recent years, attracting families and young professionals seeking a peaceful yet convenient lifestyle. The population is diverse, with a mix of various ethnicities and age groups contributing to a vibrant community atmosphere. Housing Market: The housing market in Anna, Texas, is thriving, with a range of single-family homes, townhouses, and new developments available to suit different preferences and budgets. The market is competitive, but bridge loans offer buyers the flexibility and financial support needed to secure their desired property in this desirable location. Main Attractions: Anna boasts several attractions, including the serene Anna Skate Park, beautiful natural spaces like Slayter Creek Park, and family-friendly facilities like the Anna Public Library. Residents enjoy a close-knit community vibe, excellent schools, and proximity to dining and shopping options, making it an ideal place to call home.
Benefits of Bridge Loans in Anna, Texas