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Navigating the process of buying a new home in Dennis, 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 Dennis, TX or getting it ready for the market.
Identify the new home you want to buy in Dennis, 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 Dennis, 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 Dennis, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dennis, 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 Dennis, 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 Dennis, 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 Dennis, 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 Dennis, 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 Dennis, Texas offer numerous benefits for homebuyers. Firstly, they provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one. This ensures a smoother transition without the need for contingent offers and reduces the risk of losing out on a dream home. Dennis, Texas is a vibrant community with a diverse population. The town boasts a mix of young families and retirees, creating a welcoming atmosphere for residents of all ages. The area also has a strong sense of community spirit, with local events and activities that bring people together. The housing market in Dennis, Texas has been experiencing steady growth in recent years. With a range of housing options available, from cozy single-family homes to spacious estates, there is something for every buyer. Additionally, the area's competitive pricing and favorable interest rates make it an attractive market for both first-time buyers and seasoned investors. Some of the main attractions in Dennis, Texas include the picturesque Lake Dennis, perfect for fishing and water sports enthusiasts. The town also features charming local shops and restaurants, as well as easy access to outdoor recreational areas, making it an ideal location for those who enjoy an active lifestyle.
Benefits of Bridge Loans in Dennis, Texas
