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Navigating the process of buying a new home in Annona, 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 Annona, TX or getting it ready for the market.
Identify the new home you want to buy in Annona, 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 Annona, 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 Annona, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Annona, 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 Annona, 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 Annona, 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 Annona, 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 Annona, 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 timely financial assistance for homeowners in Annona, Texas, providing a crucial financial bridge between the sale of their existing home and the purchase of a new one. This type of loan offers flexibility and speed, allowing residents to secure their dream home without being held back by the timing of their current property sale. Annona, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The town has a strong sense of community, with local events and activities that cater to residents of all ages. The town's close-knit feel makes it an ideal place to raise a family or retire. The housing market in Annona, Texas, is currently experiencing steady growth, making it an attractive location for both buyers and sellers. With an increase in demand for housing, property values have been on the rise, offering homeowners the opportunity to make a solid return on their investment in the future. Some of the main attractions in Annona, Texas, include the picturesque Annona Lake, a popular spot for fishing and boating enthusiasts. The town also offers a range of outdoor recreational activities, such as hiking trails and parks, making it an ideal location for nature lovers and outdoor enthusiasts.
Bridge Loans Benefits in Annona, Texas
