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Navigating the process of buying a new home in Dalhart, 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 Dalhart, TX or getting it ready for the market.
Identify the new home you want to buy in Dalhart, 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 Dalhart, 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 Dalhart, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dalhart, 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 Dalhart, 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 Dalhart, 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 Dalhart, 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 Dalhart, 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 Dalhart, Texas offer individuals the flexibility and financial assistance they need to bridge the gap between the purchase of a new home and the sale of their current property. This type of loan can be especially beneficial in a competitive real estate market, allowing buyers to secure their dream home without waiting for their existing property to sell. Dalhart, Texas, situated in the northwest corner of the state, boasts a diverse population with a strong sense of community. The town is known for its friendly residents, excellent schools, and affordable cost of living, making it an attractive place to raise a family or retire in a peaceful setting. The housing market in Dalhart, Texas, is characterized by a mix of historical homes and modern properties, catering to various tastes and preferences. With affordable housing options and a stable market, Dalhart provides opportunities for both buyers and sellers to make sound investments and secure their financial futures. Additionally, Dalhart offers a range of attractions for residents and visitors alike, including the XIT Museum, which showcases the area's rich history, and Rita Blanca Lake, a popular spot for outdoor activities such as fishing and hiking. The town's vibrant downtown area features local shops, restaurants, and cultural events, adding to its charm and appeal.
Benefits of Bridge Loans in Dalhart, Texas