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Navigating the process of buying a new home in Minden, 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 Minden, TX or getting it ready for the market.
Identify the new home you want to buy in Minden, 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 Minden, 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 Minden, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Minden, 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 Minden, 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 Minden, 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 Minden, 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 Minden, 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!
Benefits of Bridge Loans: Bridge loans provide quick financing for homeowners to purchase a new property before selling their current one, avoiding the hassle of contingent offers and potentially securing a better deal. Demographics: Minden, Texas, is a small town with a population of around 300 residents. The community is tight-knit, and the town offers a quiet and peaceful atmosphere for families and retirees. Housing Market: The housing market in Minden, Texas, is stable with a mix of single-family homes and rural properties. Bridge loans can help potential buyers compete in this market by providing the necessary funds to make offers quickly. Main Attractions: Minden, Texas, boasts beautiful natural surroundings, including parks and lakes for outdoor activities. The town also has a rich history, with museums and historical sites that showcase its heritage.
Bridge Loans in Minden, Texas
