Get Approved at The Lowest Rate
Navigating the process of buying a new home in Iraan, 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 Iraan, TX or getting it ready for the market.
Identify the new home you want to buy in Iraan, 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 Iraan, 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 Iraan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Iraan, 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 Iraan, 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 Iraan, 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 Iraan, 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 Iraan, 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 Iraan, Texas offer numerous benefits to homebuyers. These short-term loans provide quick access to funds, allowing buyers to secure a new home before selling their existing one. This can prevent them from missing out on their dream home or facing the stress of temporary housing arrangements. Demographics of Iraan, Texas show a tight-knit community with a population that values its small-town charm. The town has a mix of families and retirees, creating a diverse and welcoming environment. With a lower cost of living compared to bigger cities, residents enjoy a comfortable lifestyle in a safe and friendly community. The housing market in Iraan, Texas is stable, offering a range of options from cozy single-family homes to spacious ranch-style properties. Home prices are affordable, making it an attractive location for first-time buyers or those looking to downsize. With the help of bridge loans, buyers can navigate the market with ease and secure their ideal home. Iraan, Texas boasts several main attractions that showcase the town's rich history and natural beauty. Visitors can explore the Historic Iraan Museum, which preserves the town's heritage, or enjoy outdoor activities at Lake Ivey and Iraan City Park. The community's strong sense of pride and unity make it a charming place to live and visit.
Benefits of Bridge Loans in Iraan, Texas
