Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dime Box, 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 Dime Box, TX or getting it ready for the market.
Identify the new home you want to buy in Dime Box, 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 Dime Box, 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 Dime Box, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dime Box, 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 Dime Box, 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 Dime Box, 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 Dime Box, 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 Dime Box, 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 Dime Box, Texas offer a valuable solution for homebuyers who need short-term financing to bridge the gap between the purchase of a new home and the sale of their current one. These loans enable seamless transitions, preventing the need for contingent offers and allowing buyers to act quickly in competitive markets. Demographically, Dime Box is a small town in Lee County, Texas, with a tight-knit community and a population that values a peaceful rural lifestyle. The town boasts a rich history and a strong sense of community spirit, making it an ideal place for families, retirees, and those seeking a slower pace of life. In terms of the housing market, Dime Box offers diverse options ranging from historic homes with character to modern builds with rural charm. The market is relatively stable, with moderate pricing compared to nearby urban areas, making it an attractive option for those looking for affordable housing options in a serene setting. Some of the main attractions in Dime Box include its beautiful natural surroundings, such as the picturesque countryside perfect for outdoor activities like hiking, fishing, and birdwatching. Additionally, the town celebrates its cultural heritage through local events, festivals, and historic sites, providing residents with a unique and enriching living experience.
Benefits of Bridge Loans in Dime Box, Texas
