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Navigating the process of buying a new home in Dunn, 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 Dunn, TX or getting it ready for the market.
Identify the new home you want to buy in Dunn, 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 Dunn, 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 Dunn, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dunn, 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 Dunn, 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 Dunn, 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 Dunn, 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 Dunn, 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 Dunn, Texas provide a valuable solution for individuals who need quick financing to bridge the gap between the purchase of a new property and the sale of their current one. These loans offer flexibility, enabling homeowners to secure funds for a down payment without the stress of having their existing home sold. Demographically, Dunn, Texas is a vibrant community with a diverse population. It boasts a mix of young professionals, families, and retirees, creating a dynamic and welcoming environment. The median household income is above the national average, reflecting a prosperous and growing economy. In terms of the housing market, Dunn, Texas offers a range of options from cozy single-family homes to spacious luxury estates. The market is competitive, with homes often selling quickly due to high demand. Bridge loans can give buyers a competitive edge by providing the necessary funds to secure a new property without contingencies. Some of the main attractions in Dunn include the beautiful Dunn Park, which offers recreational activities for all ages, and the historic downtown area with charming shops and restaurants. Additionally, the community hosts various events throughout the year, fostering a strong sense of community spirit.
The Benefits of Bridge Loans in Dunn, Texas
