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Navigating the process of buying a new home in Boys Ranch, 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 Boys Ranch, TX or getting it ready for the market.
Identify the new home you want to buy in Boys Ranch, 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 Boys Ranch, 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 Boys Ranch, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Boys Ranch, 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 Boys Ranch, 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 Boys Ranch, 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 Boys Ranch, 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 Boys Ranch, 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 offer fast financing solutions to bridge the gap between buying a new home and selling an existing one, providing flexibility and convenience for homeowners in Boys Ranch, Texas. Demographically, Boys Ranch is a small, close-knit community with a rich western heritage. Its population is diverse, comprising of families, retirees, and young professionals seeking a peaceful lifestyle. The housing market in Boys Ranch is stable with a mix of traditional single-family homes and modern developments. With the help of bridge loans, residents can easily upgrade to newer properties without the stress of a contingent sale. Main attractions in Boys Ranch include the Boys Ranch Rodeo, a popular event showcasing local talent and western culture. The Palo Duro Canyon State Park offers outdoor activities like hiking and camping, attracting nature enthusiasts all year round.
Benefits of Bridge Loans in Boys Ranch, Texas