Get Approved at The Lowest Rate
Navigating the process of buying a new home in Danbury, 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 Danbury, TX or getting it ready for the market.
Identify the new home you want to buy in Danbury, 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 Danbury, 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 Danbury, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Danbury, 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 Danbury, 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 Danbury, 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 Danbury, 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 Danbury, 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 Danbury, Texas offer a valuable financial tool for individuals seeking to purchase a new home before selling their existing one. These short-term loans provide quick access to funds, allowing buyers to secure their new property without being contingent on the sale of their current home. This flexibility can give buyers a competitive edge in the real estate market and streamline the moving process. Demographics: Danbury, Texas, boasts a diverse community with a population that enjoys a small-town atmosphere while having access to the amenities of a larger city. The town's residents are known for their friendliness and strong sense of community, making it an ideal place for families, young professionals, and retirees alike. Housing Market: The housing market in Danbury, Texas, is characterized by a mix of historic homes and modern developments. With a range of options available, from cozy single-family houses to spacious estates, buyers can find properties that suit their preferences and budget. The market is stable, offering opportunities for both buyers and sellers. Main Attractions: Danbury, Texas, is home to various attractions that cater to residents and visitors alike. From scenic parks and outdoor recreational areas to local shops and restaurants, there is no shortage of things to see and do in the area. Whether you enjoy nature walks, dining out, or shopping, Danbury has something for everyone.
The Benefits of Bridge Loans in Danbury, Texas
