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Navigating the process of buying a new home in Crane, 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 Crane, TX or getting it ready for the market.
Identify the new home you want to buy in Crane, 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 Crane, 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 Crane, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crane, 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 Crane, 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 Crane, 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 Crane, 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 Crane, 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 Crane, Texas offer a short-term financing solution for homeowners looking to purchase a new home before selling their existing one. This can help in avoiding the stress of timing the sale and purchase, providing flexibility and convenience. Demographically, Crane, Texas, is a small yet growing town with a population of around XXXX residents. The town boasts a diverse community with a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. The housing market in Crane, Texas, is stable with moderate price appreciation. The availability of bridge loans has increased the buying power of residents, leading to a higher demand for properties. This has also resulted in new construction projects and improved infrastructure. Some main attractions in Crane, Texas, include the XXXX Museum, which showcases the town's rich history and culture. Outdoor enthusiasts can enjoy recreational activities at the XXXX Park, while food lovers can indulge in local cuisine at the popular XXXX Restaurant.
Benefits of Bridge Loans in Crane, Texas