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Navigating the process of buying a new home in Cedar Hill, 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 Cedar Hill, TX or getting it ready for the market.
Identify the new home you want to buy in Cedar Hill, 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 Cedar Hill, 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 Cedar Hill, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cedar Hill, 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 Cedar Hill, 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 Cedar Hill, 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 Cedar Hill, 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 Cedar Hill, 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 Cedar Hill, Texas offer numerous benefits to homeowners, such as providing quick access to funds for closing on a new home before selling the current one. This type of financing allows individuals to avoid missing out on their dream home due to timing issues. Demographically, Cedar Hill is a vibrant community with a diverse population. The city has a mix of residents from various ethnic backgrounds, creating a rich cultural tapestry. It also boasts a strong sense of community, making it an ideal place for families and individuals alike. In terms of the housing market, Cedar Hill is experiencing steady growth with a balance of supply and demand. The real estate market offers a range of housing options, from affordable starter homes to luxury properties, catering to different budgets and preferences. Main attractions in Cedar Hill include the Cedar Hill State Park, known for its picturesque views and outdoor activities, as well as the historic downtown area with charming shops and restaurants. The city also has excellent schools and recreational facilities, making it a desirable place to live.
Benefits of Bridge Loans in Cedar Hill, Texas
