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Navigating the process of buying a new home in Anthony, 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 Anthony, TX or getting it ready for the market.
Identify the new home you want to buy in Anthony, 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 Anthony, 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 Anthony, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Anthony, 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 Anthony, 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 Anthony, 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 Anthony, 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 Anthony, 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 provide vital financial support for individuals looking to purchase a new home while waiting for their current property to sell. In Anthony, Texas, these loans offer a seamless transition between properties, preventing the need for a contingency offer. Demographically, Anthony is a small town located in El Paso County with a close-knit community. The population is approximately 5,000 residents, consisting of families and retirees attracted to the town's peaceful atmosphere and lower cost of living compared to nearby cities. The housing market in Anthony is characterized by a mix of cozy single-family homes and spacious ranch-style properties. With a median home value below the national average, this town presents affordable housing options for first-time buyers and those looking to invest in real estate. Some main attractions in Anthony, Texas include the La Vina Winery, where visitors can enjoy wine tastings and scenic views of the vineyards. Additionally, the nearby Franklin Mountains State Park offers outdoor enthusiasts opportunities for hiking, camping, and rock climbing, making it a popular destination for locals and tourists alike.
Benefits of Bridge Loans in Anthony, Texas
