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Navigating the process of buying a new home in Dodge, 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 Dodge, TX or getting it ready for the market.
Identify the new home you want to buy in Dodge, 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 Dodge, 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 Dodge, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dodge, 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 Dodge, 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 Dodge, 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 Dodge, 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 Dodge, 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 Dodge, Texas provide a valuable financial solution for homeowners who need to bridge the gap between the purchase of a new home and the sale of their current one. This type of loan allows for smoother transitions and avoids the stress of timing constraints. Demographics: Dodge, Texas, boasts a diverse population with a mix of young families, professionals, and retirees. The community is known for its friendly atmosphere and strong sense of unity, making it an attractive place to live for people of all ages. Housing Market: The housing market in Dodge, Texas, is experiencing steady growth with an increase in property values. Bridge loans can help homeowners take advantage of this growth by facilitating quick property acquisitions and renovations. Main Attractions: Dodge, Texas, is known for its scenic beauty and outdoor recreational activities. Residents and visitors can enjoy hiking trails, parks, and local festivals that showcase the rich cultural heritage of the area.
Benefits of Bridge Loans in Dodge, Texas
