Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dodd City, 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 Dodd City, TX or getting it ready for the market.
Identify the new home you want to buy in Dodd City, 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 Dodd City, 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 Dodd City, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dodd City, 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 Dodd City, 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 Dodd City, 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 Dodd City, 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 Dodd City, 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!
Benefits of Bridge Loans: Bridge loans in Dodd City provide quick financing, allowing homeowners to buy new homes before selling their current ones. They bridge the gap between buying and selling, avoiding the need for contingency offers. Demographics: Dodd City, Texas, is a charming rural town with a population of around 400 residents. The community has a mix of families and retirees, creating a tight-knit and friendly atmosphere. Housing Market: The housing market in Dodd City offers a variety of properties, from historic homes to modern builds. With a median home value below the national average, it presents affordable opportunities for both buyers and sellers. Main Attractions: Dodd City boasts picturesque countryside views, perfect for outdoor enthusiasts. The town also hosts local events like fairs and farmers markets, showcasing its rich community spirit.
Bridge Loans in Dodd City, Texas
