Get Approved at The Lowest Rate
Navigating the process of buying a new home in Duncanville, 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 Duncanville, TX or getting it ready for the market.
Identify the new home you want to buy in Duncanville, 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 Duncanville, 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 Duncanville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Duncanville, 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 Duncanville, 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 Duncanville, 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 Duncanville, 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 Duncanville, 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 Duncanville provide a convenient and flexible financing option for homeowners looking to purchase a new property before selling their current one. This type of loan bridges the gap between the sale of the existing property and the purchase of a new one, offering quick access to funds and helping avoid delays in the buying process. Demographically, Duncanville, Texas, is a diverse community with a population that includes a mix of young families, professionals, and retirees. The city boasts a strong sense of community, with various cultural events and activities that bring residents together. The median household income in Duncanville is above the national average, making it an attractive location for real estate investment. The housing market in Duncanville is stable, with a steady demand for both buying and renting properties. The city's real estate market offers a range of housing options, from single-family homes to apartments, catering to different budget levels. Bridge loans can be particularly advantageous in a competitive market like Duncanville, providing buyers with an edge in securing their dream home. Main attractions in Duncanville include the Cedar Ridge Preserve, a popular spot for hiking and nature enthusiasts, as well as the International Museum of Cultures, which showcases diverse cultural exhibits. The city also has a vibrant dining scene, with an array of restaurants offering various cuisines to cater to different tastes.
Benefits of Bridge Loans in Duncanville, Texas
