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Navigating the process of buying a new home in Linden, 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 Linden, TX or getting it ready for the market.
Identify the new home you want to buy in Linden, 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 Linden, 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 Linden, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Linden, 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 Linden, 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 Linden, 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 Linden, 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 Linden, 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 Linden, Texas offer a flexible financing solution for homeowners looking to purchase a new property before selling their current one. These loans provide quick access to capital, allowing for a smoother transition between homes. Demographics: Linden, Texas, is a charming small town with a population of approximately 1,900 residents. The community is tight-knit, with a mix of families, retirees, and young professionals. The town has a rich history and a strong sense of community pride. Housing Market: The housing market in Linden, Texas, is stable with a variety of housing options available. From historic homes with unique architectural details to modern new constructions, there is something for every buyer. Bridge loans can help buyers secure their dream home in this competitive market. Main Attractions: Linden, Texas, is known for its picturesque landscapes and outdoor recreational activities. The town is located near Caddo Lake State Park, offering opportunities for fishing, hiking, and boating. Additionally, the town hosts cultural events and festivals throughout the year, showcasing local talent and creativity.
Benefits of Bridge Loans in Linden, Texas
