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Navigating the process of buying a new home in Ingram, 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 Ingram, TX or getting it ready for the market.
Identify the new home you want to buy in Ingram, 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 Ingram, 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 Ingram, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ingram, 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 Ingram, 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 Ingram, 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 Ingram, 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 Ingram, 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 Ingram, Texas offer a quick and flexible financing solution for individuals looking to purchase a new home before selling their existing property. This type of loan provides short-term funding to bridge the gap between the purchase of a new home and the sale of the current one, helping avoid delays or missed opportunities. Ingram, Texas, located in Kerr County, has a population of approximately 1,800 residents. The town boasts a charming small-town atmosphere with a strong sense of community. The median age in Ingram is 52 years, and the cost of living is lower than the national average, making it an attractive place to live for retirees and families alike. The housing market in Ingram offers a mix of single-family homes, ranch properties, and scenic land parcels. The median home value in Ingram is around $200,000, with a variety of housing options to suit different preferences and budgets. With the help of bridge loans, potential buyers can act quickly in this competitive market. Main attractions in Ingram include the Stonehenge II replica, the Hill Country Arts Foundation, and the scenic Ingram Dam and Old Ingram Loop Historic District. Outdoor enthusiasts can enjoy activities such as kayaking on the Guadalupe River and exploring nearby state parks and natural landmarks.
The Benefits of Bridge Loans in Ingram, Texas
