Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dryden, 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 Dryden, TX or getting it ready for the market.
Identify the new home you want to buy in Dryden, 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 Dryden, 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 Dryden, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dryden, 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 Dryden, 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 Dryden, 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 Dryden, 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 Dryden, 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 Dryden, Texas offer numerous advantages for homeowners. One key benefit is the ability to access funds quickly to bridge financial gaps when buying a new home before selling the current one. This helps prevent missed opportunities and allows for a smoother transition between properties. Demographically, Dryden is a small town located in Terrell County, Texas. With a population of approximately 70 residents, it offers a close-knit community and a peaceful environment for families and retirees. The town's charm lies in its rural setting and scenic landscapes. In terms of the housing market, Dryden experiences a stable real estate market with affordable housing options. Properties range from quaint single-family homes to spacious ranch-style properties. The town's real estate market is characterized by steady growth and a strong sense of community. Main attractions in Dryden include the nearby Big Bend National Park, known for its stunning desert landscapes and outdoor recreational opportunities. Visitors can also explore the historic Terrell County Courthouse and take in the natural beauty of the Rio Grande River.
Benefits of Bridge Loans in Dryden, Texas
