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Navigating the process of buying a new home in Dawn, 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 Dawn, TX or getting it ready for the market.
Identify the new home you want to buy in Dawn, 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 Dawn, 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 Dawn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dawn, 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 Dawn, 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 Dawn, 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 Dawn, 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 Dawn, 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 offer quick financing solutions for homebuyers in Dawn, Texas. These short-term loans bridge the gap between the purchase of a new home and the sale of an existing one, providing flexibility and peace of mind during the transition period. Demographics: Dawn, Texas, is a small town with a population of approximately 1,500 residents. The community is close-knit, with a mix of families, retirees, and young professionals. The town prides itself on its friendly atmosphere and strong sense of community spirit. Housing Market: The housing market in Dawn, Texas, offers a range of options for buyers. From cozy single-family homes to spacious ranch-style properties, there is something for everyone. The market is competitive, with properties often selling quickly, making bridge loans a valuable tool for securing desired homes. Main Attractions: Despite its small size, Dawn, Texas, boasts several main attractions. The town's historic downtown area features charming shops and restaurants, perfect for leisurely strolls. Outdoor enthusiasts can enjoy the nearby parks and trails, while cultural enthusiasts can attend local events and festivals throughout the year.
Benefits of Bridge Loans in Dawn, Texas
