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Navigating the process of buying a new home in Bronson, 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 Bronson, TX or getting it ready for the market.
Identify the new home you want to buy in Bronson, 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 Bronson, 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 Bronson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bronson, 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 Bronson, 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 Bronson, 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 Bronson, 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 Bronson, 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 Bronson, Texas offer a range of benefits for homebuyers. These short-term loans provide quick financing to bridge the gap between the purchase of a new home and the sale of your current property. This can help you secure your dream home without having to wait for your existing home to sell, offering flexibility and peace of mind in the buying process. Bronson, Texas, a quaint town with a population of around 357 residents, provides a peaceful and close-knit community atmosphere. The town boasts a diverse demographic mix, with a median household income of $45,893 and a low cost of living compared to larger cities in Texas, making it an attractive option for families and retirees. The housing market in Bronson, Texas, is stable and offers a variety of options for homebuyers. The average home price in the area is $135,000, making it an affordable place to invest in real estate. With a mix of single-family homes and spacious rural properties, Bronson caters to different housing needs, providing opportunities for both first-time buyers and seasoned homeowners. While small, Bronson, Texas, has its own charm and main attractions. The town is located near the picturesque Toledo Bend Reservoir, offering opportunities for boating, fishing, and outdoor recreation. Additionally, the Sabine National Forest is a short drive away, providing hiking and camping options for nature enthusiasts.
Benefits of Bridge Loans in Bronson, Texas
