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Navigating the process of buying a new home in Cranfills Gap, 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 Cranfills Gap, TX or getting it ready for the market.
Identify the new home you want to buy in Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, 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 offer short-term financing solutions for homebuyers. They can help in scenarios where you need to buy a new home before selling your existing one, providing flexibility and speed in the home buying process. Demographics: Cranfills Gap, Texas, has a population of approximately 281 residents. The town has a close-knit community with a mix of families and retirees, making it an attractive place for those seeking a peaceful and friendly environment. Housing Market: The housing market in Cranfills Gap offers a diverse range of properties, including single-family homes and land for development. With the median home value at $175,000, the market is stable and presents opportunities for investment and homeownership. Main Attractions: The town is known for its rich Czech heritage, showcased in attractions like the Westfest Czech Festival. Outdoor enthusiasts can enjoy activities at Meridian State Park, while history buffs can explore the historic Rock Church and other landmarks.
Bridge Loans in Cranfills Gap, Texas
